Notice Concerning Initiatives to Strengthen Our Asset Formation Support Functions for Customers

Resona Holdings, Inc. (President: Masahiro Minami) has been striving to assist as many customers as possible in their asset formation efforts to ensure that they are economically prepared for the coming age of centenarians. Believing that doing so is instrumental to the creation of a brighter future for customers and regional societies, we have been focusing on developing asset formation support and corporate pension businesses. Amid the rapidly evolving socio-economic environment, asset formation efforts undertaken at the individual customer level are now considered to be of greater importance than ever before. Accordingly, we aim to pull together all Resona Group companies to work shoulder to shoulder with customers and regional communities to address changes they are now confronting and thereby deliver optimal solutions. To that end, we have formulated policies for future initiatives, as described below, by building on the outcomes of initiatives undertaken thus far. Details are as follows.

Despite changes in the socio-economic environment, we, as a financial group equipped with an extensive retail customer base consisting of 16 million individual customers and 500,000 corporate customers, are being called upon to support asset formation and smooth asset succession by acting as our customers’ running partner in order to help them secure a life with peace of mind into the future. To this end, we deem it important to rally the strengths of all Group companies. For example, Resona Asset Management (President: Akihiro Nishiyama) serves as the Group’s asset management company, while Resona Bank (President: Shoichi Iwanaga) offers such functions as supporting the operation of pension plans implemented by business corporations. Furthermore, Resona Bank, Saitama Resona Bank (President: Satoshi Fukuoka), Kansai Mirai Bank (President: Kazuhiro Nishiyama) and Minato Bank (President: Toshikazu Takeichi), serve as front-line forces tasked with providing customers with solutions via financial product sales. We believe that the combination of the functions described above is essential to contributing to Japan’s entire investment chain through which the vitalization of the country’s economy translates into an increase in asset-based and other household income among a broad range of citizens and thus results in the further invigoration of investment and personal consumption.

We will rally the Resona Group’s overall strengths to realize our Purpose, “Beyond Finance, for a Brighter Future.”