Finance
Suruga Bank Ltd.
In the news
- In a race against time, Japan builds up its cyber forensics Jun 18, 2020
- Suruga Bank founders sell stake to electronics chain Nojima Oct 26, 2019
- Japan's flailing regional banks hinder quest for growth Sep 12, 2019
- Japan to crack down on struggling regional banks Mar 15, 2019
- Japan megabanks nix plan for peer-to-peer mobile remittance Jan 30, 2019 See more articles on Suruga Bank Ltd.
Business Summary
Suruga Bank Ltd. engages in banking business and provides financial services. It operates through Banking and Others segments. The Banking segment provides deposits, loans, domestic and foreign exchange transactions, securities and investment trust, and credit card services. The Others segment offers loan, leasing, bank agency operations, credit card, and insurance services through its subsidiaries. The company was founded by Kitaro Okano on January 4, 1887 and is headquartered in Numazu, Japan.
Financial Highlights
| Mar 2020 | JPY | USD |
| Revenue | 110,568M | 1,016.94M |
| Gross Profit | -- | -- |
| Operating income | 41,915M | 385.51M |
| Income before tax | 31,858M | 293.01M |
| Net income | 25,325M | 232.92M |
| EBITDA | -- | -- |
| Diluted EPS | 109.32 | 1.00 |
| Dividends Per Share | 5 | 0.04 |
| Total Assets | 3,481.57B | 32,250.27M |
| Total liabilities | 3,224.68B | 29,870.65M |
| Total equity | 256,781M | 2,378.59M |
| Operating cash flow | 14,020M | 128.94M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 135,993M | 142,202M | 149,058M | 132,980M | 110,568M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 59,848M | 61,165M | 10,855M | -74,517M | 41,915M |
| Income before tax | 55,912M | 60,057M | 10,105M | -75,059M | 31,858M |
| Net income | 36,717M | 42,628M | 6,989M | -97,146M | 25,325M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 156.03 | 184.02 | 30.16 | -419.36 | 109.32 |
| Dividends Per Share | 20 | 22 | 21 | 0 | 5 |
| Total Assets | 4,390.14B | 4,471.72B | 4,461.57B | 3,428.32B | 3,481.57B |
| Total liabilities | 4,087.90B | 4,131.34B | 4,116.81B | 3,186.01B | 3,224.68B |
| Total equity | 300,093M | 338,054M | 342,685M | 241,028M | 256,781M |
| Operating cash flow | 41,716M | 26,410M | 44,099M | 29,603M | 14,020M |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 1,132.47M | 1,313.18M | 1,344.89M | 1,199.15M | 1,016.94M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 498.38M | 564.83M | 97.94M | -671.96M | 385.51M |
| Income before tax | 465.60M | 554.60M | 91.17M | -676.84M | 293.01M |
| Net income | 305.76M | 393.65M | 63.05M | -876.02M | 232.92M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 1.29 | 1.69 | 0.27 | -3.78 | 1.00 |
| Dividends Per Share | 0.16 | 0.20 | 0.18 | 0 | 0.04 |
| Total Assets | 39,059.97M | 40,130.35M | 41,951.81M | 30,973.72M | 32,250.27M |
| Total liabilities | 36,370.91M | 37,075.70M | 38,710.03M | 28,784.51M | 29,870.65M |
| Total equity | 2,669.98M | 3,033.77M | 3,222.23M | 2,177.60M | 2,378.59M |
| Operating cash flow | 347.38M | 243.88M | 397.88M | 266.94M | 128.94M |
Valuation Measures
| Mar 2020 | |
| PER | 3.23 |
| ROA | 0.73% |
| ROE | 10.17% |
| Operating margin | 37.90% |
| Profit margin | 22.90% |
Key executives
- President & Representative Director: Michio Arikuni
- Manager-Finance: Hidehiko Serizawa
- Executive Officer & Senior Manager-Compliance: Fujio Sato
- Director & Vice President: Kosuke Saga
- Executive Officer & General Manager-Sales: Tomoki Totani
Shareholders
- Nojima Corp. (18.4%)
- SG Investment (5.4%)
- Suruga Sogo Insurance Co. (4.7%)
- Sompo Holdings, Inc. (3.8%)
- Nomura Asset Management Co., Ltd. (3.4%)
- Meiji Yasuda Life Insurance Co. (3.1%)
- SG Asset KK (2.9%)
- BlackRock Fund Advisors (2.4%)
- Merian Global Investors (UK) Ltd. (2.3%)
- Suruga Scholarship Foundation (2.3%)
Contact Details
- Website:http://www.surugabank.co.jp
- Phone: +81.55.962.0080
Related Companies
- Suruga Bank (Europe) SA
- Suruga-Card Co., Ltd
- Suruga Bank Trust
- Suruga Staff Service Co. Ltd.
- Suruga Computer Service Ltd.
- Suruga Capital Co., Ltd.
- Suruga Bank Pension Fund
- Suruga Scholarship Foundation
Competitors
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Last Updated on 10 Jul, 2020