Masahiro Minami
Group CEO, President, Representative Executive Officer & Director
Hello, everyone. I am Minami of Resona Holdings. Thank you very much for joining our IR session today despite your busy schedules.
So let us start. Let me go through today’s points. I would like to talk about how Resona Group evolves and grows towards next generation. Specifically, there are 3 points to mention. First is to revive our earnings capability.
In a world with interest rates, we are leveraging our strength, our highly interest rate-sensitive balance sheet. And as a result, our net interest income is steadily increasing. Even under negative interest rates, we have confidence in the fee income we have honed. And this time, we aim to achieve a record profit for the fifth consecutive year. For the full year, top line growth will be driven by these 2 engines, bringing us within reach of the JPY 800 billion mark for the first time in 19 years. In the first half, we achieved the highest profit since Resona Group was founded in 2003, exceeding JPY 400 billion for the first time.
The second point is growth potential through structural reforms. With the integration of Minato Bank operations and systems in January, the foundation for one platform multiregional structure has been completed. Going forward, we will advance business process and unify the middle and back office systems across each bank. At the same time, we will rapidly modernize our business infrastructure and standardize Generative AI across all operations. As the business environment changes at an unprecedented pace, the key is whether we ourselves can adapt and change.
The third point
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