Medium-Term Management Plan

2020 - 2022

Our Vision

A trusted global solution provider committed to
the growth of our customers and advancement of society

Core Policy

Business Strategy


Transform existing businesses


Seek new growth opportunities

Management Base


Elevate quality in all aspects

Business Strategies - Transformation & Growth -

Transform businesses to overcome intense competition and create new values for future growth.

Seven Key Strategies

Transformation / Growth

  • Pursue sustainable growth of wealth management business
  • Improve productivity and strengthen solutions in the domestic wholesale business
  • Enhance overseas CIB business to improve asset / capital efficiency
  • Hold the number one position in payment business
  • Enhance asset-light business on a global basis
  • Expand franchise in Asia and strengthen digital banking
  • Develop digital solutions for corporate clients

Management Base - Quality -


Elevate quality in all aspects

  • ESG

    • Contribute to realize
      a sustainable society
    • Enhance corporate
      governance suitable
      for a global bank
  • Resource management

    • Sophisticate HR
      management to
      motivate employees
    • Build flexible and
      robust IT/cyber
  • Business management

    • Enforce sound risk-taking
    • Pursue efficient and
      scientific management

Financial Targets


Maximize profitability by increase of bottom-line profit and disciplined capital management


Reduce cost while investing for growth

Financial soundness

Secure ample level of capital on a Post-Basel Ⅲ reforms basis

*1 G&A expenses excluding revenue linked cost, prior investment cost and others

Basic Capital Policy

Achieve a healthy balance among securing financial soundness, enhancing shareholder returns, and investing for growth.

Sustainable growth of
shareholder value

ROCET1 target ≥ 8.5%

Shareholder returns

Dividends in principal
+ flexible share buybacks

  • Progressive dividends
  • Achieve dividend payout ratio
    of 40% by March 2023

Investment for growth

Investment criteria

  • Fits with our strategy
  • ROCET1 ≥ 8.5% after synergies
  • Risk is manageable

Financial soundness

CET1 ratio target : c.10%