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Finance

Concordia Financial Group, Ltd.

Business Summary

Concordia Financial Group, Ltd. is a holding company that engages in business management of banking and other banking related businesses. It operates through the Bank of Yokohama and Higashi Nippon Bank divisions. The Bank of Yokohama division composes of 15 banks that offers banking, leasing, financial product trading, and information services. The Higashi Nippon Bank division composes of 3 banks that provides financial services including credit guarantee. The company was founded on April 1, 2016 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue300,763M2,712.15M
Gross Profit----
Operating income85,720M772.98M
Income before tax79,314M715.21M
Net income54,286M489.52M
EBITDA----
Diluted EPS43.440.39
Dividends Per Share160.14
Total Assets18,947.09B171,180.36M
Total liabilities17,786.95B160,698.84M
Total equity1,155.05B10,435.55M
Operating cash flow54,448M490.98M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 299,139M 315,905M 316,056M 321,856M 300,763M
Gross Profit -- -- -- -- --
Operating income 107,475M 114,549M 102,418M 106,696M 85,720M
Income before tax 118,686M 113,943M 156,525M 97,302M 79,314M
Net income 76,324M 74,574M 126,657M 66,414M 54,286M
EBITDA -- -- -- -- --
Diluted EPS 60.49 60.77 98.01 52.32 43.44
Dividends Per Share 13 14 15 15.50 16
Total Assets 15,377.84B 15,268.94B 18,739.93B 18,660.58B 18,947.09B
Total liabilities 14,367.35B 14,260.14B 17,626.22B 17,506.57B 17,786.95B
Total equity 965,528M 963,753M 1,108.89B 1,148.82B 1,155.05B
Operating cash flow 218,771M -16,236M 54,742M 28,807M 54,448M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 2,722.99M 2,630.69M 2,918.67M 2,903.98M 2,712.15M
Gross Profit -- -- -- -- --
Operating income 978.32M 953.90M 945.79M 962.67M 772.98M
Income before tax 1,080.37M 948.85M 1,445.45M 877.92M 715.21M
Net income 694.76M 621.01M 1,169.63M 599.22M 489.52M
EBITDA -- -- -- -- --
Diluted EPS 0.55 0.50 0.90 0.47 0.39
Dividends Per Share 0.11 0.11 0.13 0.13 0.14
Total Assets 128,228.84M 135,850.77M 168,176.70M 175,463.82M 171,180.36M
Total liabilities 119,802.78M 126,875.25M 158,182.05M 164,612.83M 160,698.84M
Total equity 8,051.09M 8,574.69M 9,951.53M 10,802.29M 10,435.55M
Operating cash flow 1,991.42M -135.20M 505.52M 259.91M 490.98M

Valuation Measures

Mar 2019
PER9.82
ROA0.28%
ROE4.71%
Operating margin28.50%
Profit margin18.04%

Key executives

  • President & Representative Director: Kenichi Kawamura
  • Auditor: Katsunori Amano
  • Auditor: Yoji Maekawa
  • Head-Corporate Planning: Junichi Saito

Shareholders

  • Silchester International Investors LLP (11.6%)
  • Nomura Asset Management Co., Ltd. (3.7%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.5%)
  • Meiji Yasuda Life Insurance Co. (3.0%)
  • Concordia Financial Group, Ltd. (2.9%)
  • Meiji Yasuda Life Insurance Co Pension Fund (2.9%)
  • The Vanguard Group, Inc. (2.4%)
  • MS&AD Insurance Group Holdings, Inc. (2.0%)
  • Nippon Life Insurance Co. (1.9%)
  • Dai-ichi Life Holdings, Inc. (1.7%)

Contact Details

  • Website:http://www.concordia-fg.jp
  • Address: Tokyo Nihonbashi Tower, 34/F, 2-7-1 Nihonbashi, Tokyo, 103-6034, Japan
  • Phone: +81.3.5200.8201

Related Companies

  • Concordia Financial Group Board Incentive Plan
  • Higashi-Nippon Bank, Limited
  • Bank of Yokohama, Ltd.

Competitors

  • Chiba Bank, Ltd.
Last Updated on 6 Dec, 2019

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