Medium-Term Management Plan
Third Medium-Term Management Plan (FY2016-FY2018)
Medium- to Long-Term Vision
The Shinsei Bank Group aims to become a banking group that is proactively sought out by customers, and strives to develop and provide groundbreaking financial services by providing the financial functions and services of the entire Shinsei Bank Group to its clients in a truly customer centric manner.
3rd MTMP: Overall Strategy
3rd MTMP Overview: Group Integration ~ Creation of Business Synergies
Business Plan: Strategic Mapping Businesses
This strategic mapping of businesses represents a preliminary objective for the reorganization of the business portfolio through “selection and concentration.”
Business Plan: Operating Assets
While having already undertaken the “selection and concentration” of businesses, going forward, the Bank will validate the effectiveness of its strategy and initiatives as well as flexibly reallocate management resources in accordance with performances versus plans, and the Bank will seek to proactively accumulate operating assets in the two growth areas and achieve a compound annual growth rate of 10% per annum. Regarding areas other than “growth areas,” we conservatively expect an annual average balance growth rate of 2% per annum.
Business Plan: Financial Projections
The 3rd MTMP places an emphasis on achievability, does not assume the recording of one time gain factors, and instead with a focus on stable revenues, targets net income of JPY 64.0 billion in FY2018.
Business Plan: Financial Targets
Regarding Financial Targets, the Bank will pursue stable revenues, and targets a Net income of 64 billion in FY2018. With a focus on group-wide operational efficiency, the Bank targets an expense to revenue ratio of between 50 and 60%.