An Empirical Analysis on Profitability for Shinkin Banks

本文利用国家公共管理部1995年人口普查和1996年建制企业普查网格统计数据，对新兴银行的地方市场环境进行了调查。通过指定日本境内各类银行网点的经纬度，计算出网点所在地的网格统计系统代码，并根据网点所在地获得了信金银行的市场环境。利用这些网格统计代码，通过统计各分行的竞争银行支行数量、企业数量、户数等，估算出各分行所在地区的经济和市场环境。我们的研究提出了一种更精确地反映新金银行当地经济状况的方法，而不是像其他研究那样使用基于城市面积的数据。根据我们建立的统计数据库，我们得到了以下结果：从资产种类来看，各银行的主要客户因地区经济条件的不同而不同。在企业和住户较多的地区，分布着分行的中小企业银行的目标是大企业，而大企业的目标是大企业。从竞争力的角度来看，shinjin银行的竞争对手与当地的市场情况不同。在城市或发达地区设立分行的新金库银行与地方银行等上层金融机构展开竞争，而在农村或人口较少的地区设立分行的新金库银行则与其他新金库银行或信用社等下层金融机构展开竞争。从20世纪90年代末日本银行并购案例的分析来看，在并购案例中，领导者和跟随者之间并没有明显的区别。然而，在2000年代，我们可以看到领导者和追随者在并购中的明显差异。领导者和追随者的不良贷款状况差异极大，而当地的市场和经济状况是相似的。这一结果表明，改革分支机构制度对于企业并购后有效利用资源、降低成本、恢复盈利能力具有重要意义。少

We had investigated that local market environment of Shinkin Banks utilizing the grid statistical data of Population Census in 1995 and Establishment and Enterprise Census in 1996 by Ministry of Public Management. By specifying the longitude and latitude of branches of all types of banks in Japan, we have calculated the grid statistical system code of the location of branches and we have obtained the market environment of Shinkin banks based on the location of branches. By utilizing these grid statistical code, we have estimated local economic and market environment for each branches by counting the competitive bank branch numbers, the number of enterprise, the number of households and so on. Our research proposes a more precise method for the local economic conditions for Shinkin Banks instead of using data based on municipal area, which had been used in other studies.We have obtained the following results based on the statistical databases we have built. Tracing from index of the ret … More urns of asset, main customers of the Shinkin Banks are different by their local economic conditions. Shinkin Banks, that spread over branches in the area, where a good amount of establishments and households exist, target larger enterprises in terms of their capital and vise versa. From the viewpoint of competitiveness, the competitive counterpart of Shinkin Banks differs from the local market conditions. The Shinkin Banks which locate their branches in urbanized or developed area, compete with upper class financial institutions, like local banks, however, those who spread their branches in rural or less populated area, compete with lower class financial institution like other Shinkin Banks or Credit Cooperatives.From the Analysis of mergers in Shinkin Banks, in the late 1990's we could not find the clear difference between the leaders and followers in the case of mergers. However, in 2000's, we could show clear difference between the leaders and followers in mergers. The conditions of non performing loans are extremely different between the leaders and followers, while the local market and economic conditions are similar. This result indicates that reforming branch systems are very important for the profitability recovery through efficiently usage of resources and reduction of costs after mergers. Less