Corporate Outline
Name
The Norinchukin Bank
Legal basis
The Norinchukin Bank Law (Law No. 93 of 2001)
Date of establishment
December 20, 1923
Chairman of the Supervisory Committe
Choe Okuno
President and Chief Executive Officer
Yoshio Kono
Paid-in capital
\3,480.4 billion (US$34.4 billion)(As of September 30, 2016)
*All capital is from private parties (members and investors in preferred securities).
Total assets (On a consolidated basis)
\102,160.4 billion (US$1,010.2 billion)
(As of September 30, 2016)
Capital ratio (On a consolidated basis, Basel III standard)
Common Equity Tier 1 Capital Ratio 20.19% (As of September 30, 2016)
Tier1 Capital Ratio 20.23% (As of September 30, 2016)
Total Capital Ratio 26.38% (As of September 30, 2016)
Members
Japan agricultural cooperatives (JA), Japan fishery cooperatives (JF), Japan forestry cooperatives (JForest), and related federations, as well as other agricultural, fishery and forestry cooperative organizations that have invested in the Bank(Number of shareholders: 3,656)(As of September 30, 2016)
Number of employees
3,653 (As of September 30, 2016)
■Ratings
| Ratings agency | Long-term debt | Short-term debt |
|---|---|---|
| Standard & Poor’s | A | A-1 |
| Moody’s Investors Service | A1 | P-1 |
(As of September 30, 2016)