Name
The Norinchukin Bank
Legal basis
The Norinchukin Bank Act (Act No. 93 of 2001)
Date of establishment
December 20, 1923
Chairman of the Supervisory Committee
SHINNO Yoshito
President and Chief Executive Officer
KITABAYASHI Taro
Paid-in capital
¥4,817.4 billion (US$32.2 billion)
(As of March 31, 2025)
- *All capital is from private parties (members).
Total assets (On a consolidated basis)
¥83,498.8 billion (US$558.4 billion)
(As of March 31, 2025)
Capital ratio (On a consolidated basis, Basel III standard)
Common Equity Tier 1 Capital Ratio 17.70% (As of March 31, 2025)
Tier 1 Capital Ratio 19.65% (As of March 31, 2025)
Total Capital Ratio 22.28% (As of March 31, 2025)
Members
Japan Agricultural Cooperatives (JA), Japan Fishery Cooperatives (JF), Japan Forest Owners’ Cooperatives (JForest), and related federations, as well as other agricultural, fishery and forestry cooperative organizations that have invested in the Bank (Number of shareholders: 3,181)
(As of March 31, 2025)
Number of employees
3,273 (As of March 31, 2025)
Business locations
- Head office: 1
- Branches in Japan: 18
- Branches outside Japan: 3
- Representative office: 1
(As of April 1, 2025)
Ratings
| Rating agency | Long-term debt | Short-term debt |
|---|---|---|
|
S&P |
A |
A-1 |
|
Moody’s Investors Service |
A1 |
P-1 |
(As of March 31, 2025)