Corporate Outline


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)


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 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)

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