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
KITABAYASHI Taro
Paid-in capital
¥4,776.2 billion (US$33.4 billion)
(As of September 30, 2024)
- *All capital is from private parties (members).
Total assets (On a consolidated basis)
¥91,724.3 billion (US$642.4 billion)
(As of September 30, 2024)
Capital ratio (On a consolidated basis, Basel III standard)
Common Equity Tier 1 Capital Ratio 20.17% (As of September 30, 2024)
Tier 1 Capital Ratio 22.26% (As of September 30, 2024)
Total Capital Ratio 22.35% (As of September 30, 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: 3,200) (As of September 30, 2024)
Number of employees
3,394 (As of September 30, 2024)
Business locations
(In Japan)
- Head office: 1
- Branch: 18
(Overseas)
- Branch: 3
- Representative office: 1
(As of September 30, 2024)
Ratings
| Rating agency | Long-term debt | Short-term debt |
|---|---|---|
|
S&P |
A |
A-1 |
|
Moody’s Investors Service |
A1 |
P-1 |
(As of September 30, 2024)