Message from the President

October 2022

We would like to express our sincere appreciation for your continued support.

My name is Yagi, and I am pleased to announce my appointment as the 12th President. I will do my utmost to live up to your expectations.

The Shizuoka Bank was established in 1943 through a merger of two banks: "Shizuoka 35 Bank" which was rooted in the national bank and had a solid corporate culture; and "Enshu Bank" which had progressed with many challenging companies in a place where challenge spirit has taken root. Thereinafter, with principles of "commitment to the region" and "sound management", we have overcome many challenges and difficulties of the times and steadily built up our history.

Corporate Philosophy to "expand dreams and affluence with our community" shows our attitude as a financial group that was born and has grown in the region to aim to coexist and co-prosper with the local community and to contribute to sense of satisfaction of people in the region in not only economic but also cultural aspects.

The environment surrounding regional financial institutions like us is continuing to change and become increasingly challenging due to the prolonged low interest rate policy, changes in the social structure against a backdrop of the ongoing population decline and aging, and the advancement of digital technology, which is resulting in the spread of non-face-to-face services and the entry by companies in other business sectors.

In such environment, we launched the 14th Medium-term Business Plan “COLORs” in April 2020, and in order to achieve sustainable growth together with the community as a comprehensive financial group rooted in the community, we have adopted a 10-year vision of "corporate group committing itself to the future of the region and producing growth of the region" and to realize this vision, we are focusing on "transformation into a problem-solving corporate group" in collaboration with our group companies.

In October 2022, we shifted to a holding company structure with Shizuoka Financial Group, Inc. as the parent company, and so began a new challenge to increase corporate value as a group by further strengthening mutual collaboration among the 14 group companies, including Shizuoka Bank, while achieving independent (autonomous) growth.
Without losing sight of the essence of being a "regional financial institution that is essential to the community," we will strive to further deepen the relationship of trust with our customers through group-wide efforts to provide solutions to all the issues faced by the community and our customers.

We are committed to creating a bank and a group that can share the joy and excitement of helping each and every one of you realize your dreams.

Minoru Yagi
President