Message from President

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President  Eishin Ihori
Deputy President  Masahiro Sasahara

 

We would like to express our sincere appreciation to all of you for your continued support of the Hokuhoku Financial Group and its group companies.

 

There continues to be a trend of recovery for the regional economy in the three Hokuriku prefectures and Hokkaido, which are the Group’s primary operating regions. This includes an increase in the number of visitors and an ongoing trend of increasing tourists from overseas, both the result of the Shinkansen’s launch, in addition to the expansion of production focused on pharmaceuticals, electronic components, etc. in Hokuriku, and stable public construction and capital investment in Hokkaido. On the other hand, the operating environment surrounding financial institutions such as the Group continues to be severe mainly due to ongoing unprecedented low interest rates backed by monetary easing policies, particularly “negative interest rates.”

 

Amid such circumstances, the Group is working to contribute to its customers and local communities by providing the No.1 financial services for the region. In January 2017, “Hokuhoku Tokai Tokyo Securities Co., Ltd.” was established through a joint capital investment with Tokai Tokyo Financial Holdings, Inc. In doing so, the Group has strengthened the structure for meeting its customers’ broad range of fund management needs. The Group continues to put effort into business model reform, overcome changes to the operating environment, and aim to be a financial group that achieves growth and development together with local communities.

 

We ask for your continued support and patronage.

 

 

June, 2017

 

President  Eishin Ihori
Deputy President   Masahiro Sasahara

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