Status of capital injection and disposal

1. By Applicable Act/ Fiscal Year

Capital injection and disposal (as of September 30, 2022)

Applicable acts Purpose of capital injection Timing of capital injection (application deadline)
Former Financial Functions Stabilization Act To maintain an orderly credit system and promote the sound development of the national economy March 1998
(Capital injections terminated)
Early Strengthening Act To restructure the financial system and contribute to economic revitalization March 1999 – March 2002
(Capital injections terminated)
Deposit Insurance Act To assist in mergers, etc. Capital injection to assuming financial institutions No cases
(Permanent measure)
To maintain an orderly credit system Response against financial crisis
(Measures under Item (i))
June 2003
(Permanent measure)
To contribute to the stability of the financial system Orderly resolution of a financial institution, etc (Specified Measures under Item (i)) No cases
(Permanent measure)
(Units: cases, ¥billion; figures are rounded off )
Applicable acts Capital injection Current balance
Number of financial institutions Preferred shares and common shares Subordinated bonds/loans Total Number of financial institutions Preferred shares and common shares Subordinated bonds/loans Total
Former Financial Functions Stabilization Act 21 321.0 1,494.6 1,815.6 1 130.0
(130.0)
- 130.0
(130.0)
Early Strengthening Act 32 7,281.3 1,324.0 8,605.3 1 120.0
(120.0)
- 120.0
(120.0)
Deposit Insurance Act
(Measures against financial crisis)
1 1,960.0
(296.4)
- 1,960.0
(296.4)
- -
(-)
- -
(-)
Total 34 9,562.3
(296.4)
2,818.6 12,380.9
(296.4)
1 250.0
(250.0)
- 250.0
(250.0)
Notes:
  • Figures inside parentheses indicatecommon shares.
  • Common shares under the former Financial Functions Stabilization Act were acquired by the exercise of privilege of acquisition claims, and those under the Early Strengthening Act were acquired by mandatory acquisition.
  • Since capital injection into some financial institutions was implemented based on multiple Acts, the number of financial institutions does not add up to the number shown in the “Total” column.
(Units: cases,¥billion; figures are rounded off)
FY Disposal Amount (book value)
Preferred shares, common shares Subordinated bonds/loans Total
1999 - 100.0 100.0
2000 200.0 150.0 350.0
2001 - - -
2002 - 674.6 674.6
2003 108.0 839.0 947.0
2004 786.3
(2.7)
615.0 1,401.3
(2.7)
2005 1,934.4 340.0 2,274.4
2006 3,092.4 20.0 3,112.4
2007 102.0 35.0 137.0
2008 395.2
(32.0)
45.0 440.2
(32.0)
2009 60.0 - 60.0
2010 1,286.6 - 1,286.6
2011 - - -
2012 226.9 - 226.9
2013 596.2
(261.7)
- 596.2
(261.7)
2014 248.5 - 248.5
2015 275.8 - 275.8
2016 - - -
2017 0(0) - 0(0)
2018 - - -
2019 - - -
2020 - - -
2021 - - -
2022 - - -
Cumulative Amount 9,312.3
(296.4)
2,818.6 12,130.9
(296.4)
Note:1
  • Figures inside parentheses indicate common shares.
  • The disposal amount of preferred shares (book value) includes special preferred dividends paid from other capital surplus (the amount of dividends received was reduced from the book value of the relevant preferred shares).
2 The disposal amount of common shares (book value) in FY2017 is equivalent to ¥3,864 (Disposal of Shinsei Bank odd-lot common shares (0.8 shares)).

2. By financial institution

(Unit: ¥billion)
Name of financial institution Amount of
capital injection
(Classification) Cumulative total of
disposed book value
For current FY Remaining balance
Type (instrument) Amount   Breakdown   Breakdown   Breakdown
Shinsei Bank 416.6 Preferred Shares 370.0 166.6 120.0 - - 250.0*2 -
Common Shares - (120.0)*1 - 250.0
Subordinated Loans 46.6 46.6 - -
Mitsubishi UFJ FG 2,200.0 Preferred Shares 1,600.0 2,200.0 1,600.0 - - - -
Common Shares - (1,188.3)*1 - -
Subordinated Bonds 600.0 600.0 - -
Mizuho FG 2,949.0 Preferred Shares 1,949.0 2,949.0 1,949.0 - - - -
Subordinated Bonds 1,000.0 1,000.0 - -
Sumitomo Mitsui FG 1,501.0 Preferred Shares 1,301.0 1,501.0 1,301.0 - - - -
Common Shares - (251.0)*1 - -
Subordinated Bonds 200.0 200.0 - -
Sumitomo Trust & Banking 300.0 Preferred Shares 100.0 300.0 100.0 - - - -
Subordinated Bonds 200.0 200.0 - -
Sumitomo Mitsui Trust HD 710.3 Preferred Shares 432.3 710.3 432.3 - - - -
Common Shares - (345.9)*1 - -
Subordinated Bonds 100.0 100.0 - -
Subordinated Loans 178.0 178.0 - -
Resona HD 3,128.0 Preferred Shares 2,531.6 3,128.0*3 2,531.6 - - - -
Common Shares 296.4 296.4 - -
Subordinated Loans 300.0 300.0 - -
Aozora Bank 320.0 Preferred Shares 320.0 320.0*3 320.0 - - - -
Common Shares - (104.7)*1 - -
Kansai Sawayaka Bank 12.0 Preferred Shares 8.0 12.0 8.0 - - - -
Subordinated Bonds 4.0 4.0 - -
Bank of Yokohama 220.0 Preferred Shares 100.0 220.0 100.0 - - - -
Common Shares - (55.0)*1 - -
Subordinated Loans 120.0 120.0 - -
Wakayama Bank 12.0 Preferred Shares* 12.0 12.0 12.0 - - - -
Momiji HD 40.0 Preferred Shares 20.0 40.0 20.0 - - - -
Subordinated Loans 20.0 20.0 - -
Ashigin FG 135.0 Preferred Shares 105.0 135.0 105.0 - - - -
Subordinated Bonds 30.0 30.0 - -
Yachiyo Bank 35.0 Preferred Shares* 35.0 35.0 35.0 - - - -
Kumamoto Family Bank 30.0 Preferred Shares 30.0 30.0 30.0 - - - -
Kyushu-Shinwa HD 30.0 Preferred Shares* 30.0 30.0 30.0 - - - -
Hokuhoku FG 140.0 Preferred Shares# 120.0 140.0 120.0 - - - -
Subordinated Loans 20.0 20.0 - -
Bank of the Ryukyus 40.0 Preferred Shares* 40.0 40.0 40.0 - - - -
Nishi-Nippon City Bank 70.0 Preferred Shares* 70.0 70.0 70.0 - - - -
Gifu Bank 12.0 Preferred Shares 12.0 12.0 12.0 - - - -
Higashi-Nippon Bank 20.0 Preferred Shares 20.0 20.0 20.0 - - - -
Chiba Kogyo Bank 60.0 Preferred Shares 60.0 60.0 60.0 - - - -
Total Total amount of capital injection 12,380.9 Total disposed
book value
12,130.9 For current FY - Total remaining balance 250.0
  Breakdown by type (instrument)
Breakdown for amount of capital injection
Breakdown of disposed book value Breakdown for current FY Breakdown of total remaining balance
Preferred Shares 9,265.9 9,015.9 - -
Common Shares 296.4 (2,064.9)*1 296.4 - 250.0
Preferred Investments - - - - -
Subordinated Bonds 2,134.0 2,134.0 - -
Subordinated Loans 684.6 684.6 - -
Trust Beneficial Rights - - - -

The above figures are rounded off. Of the preferred shares, ¥45 billion worth (former Hokkaido Bank) out of the amount accompanied by the mark “#” and the amounts accompanied by the mark “*” were issued as subordinated bonds at the time of capital injection.

Notes:

  1. Disposed after being converted into common shares from preferred shares.
  2. Issued as preferred shares at the time of capital injection. For the remainder of ¥120 billion injected under the Early Strengthening Act, common shares were issued in exchange as a result of the acquisition of preferred shares by the financial institution on the mandatory acquisition date (August 1, 2007). Regarding the remainder of ¥130 billion injected under the former Financial Functions Stabilization Act (¥96,886.4 million after capital reduction), common shares were held upon the request for acquisition on the day before the mandatory acquisition date (March 31, 2008).
  3. The amount of ¥64.0 billion out of ¥3,128.0 billion for Resona HD and the amount of ¥61.5 billion out of ¥320.0 billion for Aozora Bank account for special preferred dividends paid from other capital surplus (the amount of dividends received was reduced from the book value of the relevant preferred shares).

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