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 2022	JPY	USD
Revenue	283,897M	2,526.38M
Gross Profit	--	--
Operating income	87,121M	775.28M
Income before tax	78,584M	699.31M
Net income	53,881M	479.48M
EBITDA	--	--
Diluted EPS	44.67	0.39
Dividends Per Share	18	0.16
Total Assets	24,060.79B	198,235.16M
Total liabilities	22,896.16B	188,639.89M
Total equity	1,158.62B	9,545.83M
Operating cash flow	76,984M	685.07M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	321,856M	300,763M	302,775M	287,991M	283,897M
Gross Profit	--	--	--	--	--
Operating income	106,696M	85,720M	74,692M	44,012M	87,121M
Income before tax	97,302M	79,314M	68,641M	36,315M	78,584M
Net income	66,414M	54,286M	46,536M	25,326M	53,881M
EBITDA	--	--	--	--	--
Diluted EPS	52.32	43.44	38.37	20.99	44.67
Dividends Per Share	15.50	16	16	17	18
Total Assets	18,660.58B	18,947.09B	18,927.93B	21,577.39B	24,060.79B
Total liabilities	17,506.57B	17,786.95B	17,823.96B	20,418.29B	22,896.16B
Total equity	1,148.82B	1,155.05B	1,098.61B	1,153.20B	1,158.62B
Operating cash flow	28,807M	54,448M	101,285M	52,497M	76,984M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	2,903.98M	2,712.15M	2,784.75M	2,715.42M	2,526.38M
Gross Profit	--	--	--	--	--
Operating income	962.67M	772.98M	686.97M	414.98M	775.28M
Income before tax	877.92M	715.21M	631.32M	342.40M	699.31M
Net income	599.22M	489.52M	428.01M	238.79M	479.48M
EBITDA	--	--	--	--	--
Diluted EPS	0.47	0.39	0.35	0.19	0.39
Dividends Per Share	0.13	0.14	0.14	0.16	0.16
Total Assets	175,463.82M	171,180.36M	175,331.72M	195,270.57M	198,235.16M
Total liabilities	164,612.83M	160,698.84M	165,105.50M	184,780.99M	188,639.89M
Total equity	10,802.29M	10,435.55M	10,176.57M	10,436.24M	9,545.83M
Operating cash flow	259.91M	490.98M	931.56M	494.98M	685.07M

Valuation Measures

Mar 2022
PER	10.25
ROA	0.23%
ROE	4.66%
Operating margin	30.68%
Profit margin	18.97%

Key executives

President & Representative Director: Yasuyoshi Oya
Director & Managing Executive Officer: Yoshiaki Suzuki
Auditor: Kazuhiro Maehara
Auditor: Mitsuhiro Hara
Manager-Accounting Office: Junichi Saito

Shareholders

Silchester International Investors LLP (6.3%)
Nomura Asset Management Co., Ltd. (5.0%)
Meiji Yasuda Life Insurance Co. (3.1%)
Meiji Yasuda Life Insurance Co Pension Fund (3.0%)
The Vanguard Group, Inc. (2.4%)
Concordia Financial Group, Ltd. (2.3%)
Nippon Life Insurance Co. (2.0%)
BlackRock Fund Advisors (1.8%)
Daiwa Asset Management Co. Ltd. (1.7%)
Nikko Asset Management Co., Ltd. (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

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Competitors

Last Updated on 22 Mar, 2023