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Nara Prefecture's Potential
Group-wide efforts to generate regional earning power
Nara prefecture, the Nanto Bank Group's main market, is an inland prefecture with a tall mountain range referred to as the "roof of the Kinki region" in the south. It is located in the middle of the Kii Peninsula, which itself lies near the center of Japan. Although the prefecture has no airport or port facilities, it is characterized by strong resistance to natural disasters such as earthquakes and typhoons. The Group has set the goal of increasing Nara prefecture's GDP by 10% (approximately 350 billion yen) in its commitment to revitalizing the prefecture and solving challenges facing the regional community.
Overview of Nara prefecture
Economy and industry
In the national economy and industry statistics, Nara Prefecture's ranks just 40th among Japan's prefectures in the number of private business establishment, a factor indicating the depth of the corporate market, and 41st in per capita income, while its (real) GDP ranks just 37th in Japan.
GDP (real) | 3,638.5 billion yen | 37th | |
Japan | |||
place in | |||
Number of | 46 thousand | 40th | |
private businesses | Japan | ||
place in | |||
Number of | 486,777 | 42nd | |
employed residents | Japan | ||
place in | |||
Per capita | 2,632 thousand yen | 41st | |
income | Japan | ||
place in | |||
Agricultural | 40.3 billion yen | 45th | |
output | Japan | ||
place in | |||
Ratio of forest area | 76.8% | 6th | |
Japan | |||
place in |
Human resources
When it comes to human resources, Nara prefecture has the best- educated population in the nation, as shown by its young people's high university enrollment rate and its education-related expenditures. As this suggests, the prefecture is fertile ground for nurturing outstanding human resources. Since the number of private businesses is relatively low, however, as indicated under "Economy and industry" at left,
it suffers from an outflow of these excellent human resources to neighboring cities such as Osaka and Kyoto.
Percentage of high school | 7th | ||
graduates obtaining | 61.8% | ||
place in | |||
higher education | Japan | ||
Education-related | 33,927yen | 4th | |
expenses (monthly) | Japan | ||
place in | |||
Nara prefecture's overall | 71.2% | 46th | |
employment rate | Japan | ||
place in | |||
Ratio of women | 42.4% | 47th | |
in the labor force | Japan | ||
place in |
Tourism resources
Nara is one of Japan's most richly endowed prefectures in terms of historical and cultural resources. It is the home of many World Heritage Sites, National Treasures, and other famous historical sites and attractions.
Household finances and living conditions
The residents of Nara prefecture enjoy a relatively affluent standard of living, with the second highest level of financial assets per household in Japan and a high percentage of owner-occupied houses.
Financial assets | 2nd | |
per household 15,645 thousand yen | Japan | |
place in | ||
Ratio of owner-occupied | 74.1% | 6th |
households | Japan | |
place in | ||
Percentage of households | 85.1% | 13th |
with smartphones | Japan | |
place in |
World Heritage Sites | 3 | inNo.1Japan | |
National Treasures/ | 1,328 | 3rd | |
Important Cultural Properties | place in | ||
Japan | |||
Historic sites and | 146 | No.1 | |
natural monuments | in Japan | ||
Number of rooms | 9,735 | 45th | |
in Japanese inns and hotels | Japan | ||
place in | |||
Number of | 26.23 million | ||
annual tourists |
Sources: "State of Nara Prefecture 2021" / Nara Prefecture, " 2018 Nara Prefecture Economic Performance," Statistics Bureau, Ministry of Internal Affairs and Communications, "2019 National Survey of Family Income and Expenditure," "2020 Household Survey"
12 Nanto Report 2022, the integrated report of Nanto Bank
Organizational overview Business model | Risks and | Strategies and | Performance | Outlook |
and external environment | opportunities | resources allocation |
Special capabilities for contributing to regional community development
Since the Nanto Bank Group's establishment, the regional community and its customers have entrusted it with a large share of the prefecture's deposits and loans.
The Group's unique strengths include information capabilities cultivated over many years through many points of contact with customers and others in the region. Our unconventional human resources are adept at leveraging these strengths to help individual customers deal with such issues as business succession, including successor selection, as well as at deploying the Group companies to solve a wide range of challenges facing the region.
Comprehensive Group strengths
The Nanto Bank Group comprising the Bank, 11 consolidated subsidiaries, and two equity method affiliates provides customers with a comprehensive range of financial services, including banking, securities, credit card, and leasing services. We support their efforts to improve productivity by grasping the real issues they face and leveraging our Group's wealth of information resources to provide consulting services that extend to appropriate human resources introduction and expertise in financial enhancement.
In addition to these services, we collaborate with specialized institutions and a wide range of business partners in the community to resolve a variety of customer issues.
Solving customers' issues
Unconventional human resources
Non-financial | Friendly | ||
services | corporations | ||
Consulting services | Think tanks | ||
IT services | Insurance and | ||
Commercialization | real estate brokerage | ||
Finance | support | ||
Banking | Business partners | ||
Leasing | |||
Securities | Information | and external | |
organizations |
Credit cards | capabilities |
Investment | |
Strong customer base
Dominant share of Nara prefecture's deposit and loan market
Nanto Bank enjoys an unrivaled share of both deposits
Human resources
Unconventional human resources
Nanto Bank personnel consult actively with customers concerning the real concerns unique to each, giving them
and loans in Nara Prefecture.
Trust banks 2.3%
Credit unions
17.5%Deposits Regional banks
3.5%
Metropolitan banks 26.3%
Trust banks 0.0%
Credit unions | |
21.5% | Funds used |
Regional banks | in lending |
9.0% | |
Metropolitan banks | |
18.5% |
Nanto Bank
50.1%
Nanto Bank
50.8%
the necessary capabilities to realize their goals.
P.34
Number of personnel with qualifications related to vitality creation
(Persons) | ||
700 | ||
559 | ||
458 | ||
Planned | ||
2020 | 2021 | 2022 (Fiscal year) |
(As of end March 2022 among banks and credit unions in Nara prefecture, excluding Japan Post Bank, agricultural cooperatives, etc.)
Nanto Report 2022, the integrated report of Nanto Bank 13
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The Nanto Bank Ltd. published this content on 02 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2022 02:09:07 UTC.