Corporate Outline

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

YAMANO Toru

President and Chief Executive Officer

OKU Kazuto

Paid-in capital

¥4,040.1 billion (US$26.7 billion)
(As of March 31, 2024)

  • *All capital is from private parties (members).

Total assets (On a consolidated basis)

¥99,804.8 billion (US$659.6 billion)
(As of March 31, 2024)

Capital ratio (On a consolidated basis, Basel III standard)

Common Equity Tier 1 Capital Ratio 16.43% (As of March 31, 2024)
Tier 1 Capital Ratio 21.18% (As of March 31, 2024)
Total Capital Ratio 21.23% (As of March 31, 2024)

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: 3,232) (As of March 31, 2024)

Number of employees

3,314 (As of March 31, 2024)

Business locations

(In Japan)

  • Head office: 1
  • Branch: 18

(Overseas)

  • Branch: 3
  • Representative office: 1

(As of April 1, 2024)

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, 2024)

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