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Mix-Ansicht- Wie gut geht's eigentlich Japans Banken? - dottore, 31.08.2003, 13:44
Wie gut geht's eigentlich Japans Banken?
-->Ausführlicher Text kommt im November, dies vorweg:
August 29, 2003
Bank of Japan
Executive Summary
1. Major Developments in Profits and Balance Sheets of Japanese Banks in Fiscal 2002
Japanese banks1 recorded a large net loss of 4.9 trillion yen in fiscal 2002 (April 2002-March 2003), mainly due to large credit costs from
disposal of nonperforming loans (NPLs) and a stock-related loss.
[1 trillion = 1 Billion (unsere); 1 tr Yen = 0,007 bio = 7 mrd €; Verlust also ca. 34 Mrd € - sofern richtig umgerechnet]
(1) Operating profits from core business marked 5.2 trillion yen, a slight decline from the previous fiscal year of 5.6 trillion yen, which was
due to a decrease in lending volume and a narrowing of the interest margin on securities.
(2) Credit costs still exceeded operating profits from core business, although the amount declined to 6.6 trillion yen from 9.9 trillion yen in
the previous fiscal year.
(3) Net realized stock-related losses recorded 3.9 trillion yen due to a fall in stock prices.
(4) The risk-based capital adequacy ratio fell despite a reduction in assets and capital-raising.
Anmerkungen:
1.
The number of"all banks" was 156 as of end-March 2003: 14 major banks including Shinsei Bank and Aozora Bank,
64 member banks of the Regional Banks Association of Japan (hereafter regional banks), and 53 member banks of the
Second Association of Regional Banks (hereafter regional banks II), 13 trust banks which started business after 1993, 9
foreign trust banks, and 3 other banks. All figures without notes are on a nonconsolidated basis.
2.
Operating profits from core business = operating profits - net realized bond-related gains/losses + net transfers to
allowance for possible loan losses (APLL) + loan write-offs in trust accounts.
3.
Net realized bond-related gains/losses = gains on sales of bonds + gains on redemption of bonds - losses on sales of
bonds - losses on redemption of bonds - losses on devaluation of bonds.
4.
Net realized stock-related gains/losses = gains on sales of stocks and other securities - losses on sales of stocks and
other securities - losses on devaluation of stocks and other securities.
5.
Credit costs = losses from NPL disposal, which includes net transfers to APLL, net transfers to special loan-loss
provisions (SLP), loan write-offs, loan write-offs in trust accounts, and NPL disposal in the extraordinary profit/loss
account.
6.
Credit cost ratio = credit costs/average amount outstanding of loans.
7.
One hundred basis points = 1 percent.
Dazu noch:
(1) Progress in NPL disposal
[NPL = nonperforming loans]
In fiscal 2002, major banks and some regional banks and regional banks II started to apply the discounted cash flow (DCF) method to
loans to large borrowers classified as"special attention" in order to appropriately reflect the economic value of loans on allowance reserves.
The outstanding balance of NPLs disclosed under the Financial Reconstruction Law (FRL) declined by 7.9 trillion yen to 35.3 trillion yen,
[über 250 mrd Euro, falls die Umrechnung stimmt]
because banks, especially major banks, accelerated the removal of loans to borrowers classified as"bankrupt,""effectively bankrupt," or"in
danger of bankruptcy."
(...)
(3) Reduction of stockholdings and the effective use of capital
Major banks reduced stockholdings by 9.7 trillion yen, to 14.8 trillion yen at end-March 2003, approximately 40 percent lower than a year
earlier.
[Aktien = 109 mrd €).
Die BoJ hatte bis Juli für 1,53 Trillionen Yen Aktien gekauft.
Funktioniert also ganz gut - with a little help of a good friend...
Gruß!
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