JA Co-operatives — Where the Profit Is

Pre-Tax Profit by Business

The multi-purpose co-operatives run five businesses and publish an income statement for each. Banking and mutual insurance earn; farm marketing and supply, living services and farm guidance do not. The second view is the same figures after the farm-guidance loss has been charged back across the segments — the ministry's own allocation, published as a line of the statement, not a calculation made here.

The Farm-Guidance Charge

Farm guidance — the advisers who work with member farmers — runs at a loss every year, and the whole of that loss is allocated to the segments that earn. This is the cross-subsidy written down by the ministry: what each business bore, by fiscal year, on a zero baseline. A bar above zero is a cost carried, not a profit.

Income Statement

Every published line of one business's income statement, on the newest fiscal year and the one before it. Amounts are thousands of yen as released; the change and the share of group revenue are calculated from them. A line the ministry does not publish for this business shows —, never a zero.

Latest values as text and table

Agricultural co-operatives — segment income statement

Latest reading, April 2023: Pre-Tax Profit 194,066,716 ¥1,000; Banking 237,891,749 ¥1,000; Farm Business −29,373,851 ¥1,000; Farm Guidance −98,736,945 ¥1,000.

Latest values, as published
PeriodPre-tax profit, all businesses (¥1,000)Banking (¥1,000)Farm marketing and supply (¥1,000)Pre-tax profit, all businesses · YoY (%)
2023194,066,716237,891,749−29,373,851−9.2
2022213,795,526242,493,622−22,577,941−0.6
2021215,194,140234,938,440−27,249,7313.2
2020208,529,384228,757,101−30,714,1815.1
2019198,422,002237,698,579−43,788,2816.6
2018186,214,495241,597,910−50,623,112−4.8
2017195,634,719229,189,812−40,305,688−17.9
2016238,296,626246,417,530−25,286,096−7.4
2015257,374,888257,428,707−18,239,2807.3
2014239,836,397265,226,507−28,156,702−9.0

YoY: (value[t] / value[t−12 months] − 1) × 100, from published values.

Source: Ministry of Agriculture, Forestry and Fisheries — Survey of Agricultural Co-operatives (総合農協統計表). · Data through April 2023 · JSON · CSV · Markdown