Finance Suruga Bank Ltd. Business Summary
Suruga Bank Ltd. engages in banking business and provides financial services. It operates through the following segments: Banking, Guarantee, and Others. The Banking segment provides deposits, loans, domestic and foreign exchange transactions, securities and investment trust, and credit card services. The Guarantee segment handles the guarantee business. 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 2022
JPY USD Revenue 82,721M 736.13M Gross Profit -- -- Operating income 11,224M 99.88M Income before tax 9,061M 80.63M Net income 7,959M 70.82M EBITDA -- -- Diluted EPS 34.72 0.30 Dividends Per Share 6 0.05 Total Assets 3,589.98B 29,577.60M Total liabilities 3,325.65B 27,399.82M Total equity 264,229M 2,176.96M Operating cash flow -3,062M -27.24M Currency in JPY Currency in USD
Historical Data Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
149,058M
132,980M
110,568M
88,325M
82,721M
Gross Profit
--
--
--
--
--
Operating income
10,855M
-74,517M
41,915M
22,766M
11,224M
Income before tax
10,105M
-75,059M
31,858M
22,772M
9,061M
Net income
6,989M
-97,146M
25,325M
21,433M
7,959M
EBITDA
--
--
--
--
--
Diluted EPS
30.16
-419.36
109.32
92.52
34.72
Dividends Per Share
21
0
5
5
6
Total Assets
4,461.57B
3,428.32B
3,481.57B
3,550.41B
3,589.98B
Total liabilities
4,116.81B
3,186.01B
3,224.68B
3,264.64B
3,325.65B
Total equity
342,685M
241,028M
256,781M
285,666M
264,229M
Operating cash flow
44,099M
29,603M
14,020M
3,598M
-3,062M
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Revenue
1,344.89M
1,199.15M
1,016.94M
832.80M
736.13M
Gross Profit
--
--
--
--
--
Operating income
97.94M
-671.96M
385.51M
214.65M
99.88M
Income before tax
91.17M
-676.84M
293.01M
214.71M
80.63M
Net income
63.05M
-876.02M
232.92M
202.08M
70.82M
EBITDA
--
--
--
--
--
Diluted EPS
0.27
-3.78
1.00
0.87
0.30
Dividends Per Share
0.18
0
0.04
0.04
0.05
Total Assets
41,951.81M
30,973.72M
32,250.27M
32,130.45M
29,577.60M
Total liabilities
38,710.03M
28,784.51M
29,870.65M
29,544.25M
27,399.82M
Total equity
3,222.23M
2,177.60M
2,378.59M
2,585.21M
2,176.96M
Operating cash flow
397.88M
266.94M
128.94M
33.92M
-27.24M
Valuation Measures
Mar 2022
PER 11.77 ROA 0.22% ROE 2.89% Operating margin 13.56% Profit margin 9.62%
Key executives
President & Representative Director:
Kosuke Saga
Manager-Finance:
Hidehiko Serizawa
Executive Officer & Senior Manager-Compliance:
Fujio Sato
Representative Director & Vice President:
Kosuke Kato
Executive Officer & GM-Loan Management:
Shigeki Koshio Shareholders
Suruga Bank Ltd. (18.8%)
Sompo Holdings, Inc. (3.2%)
Meiji Yasuda Life Insurance Co. (3.1%)
Nomura Asset Management Co., Ltd. (2.6%)
Suruga Scholarship Foundation (2.3%)
Dimensional Fund Advisors LP (2.2%)
The Vanguard Group, Inc. (2.0%)
Portfolia, Inc. (1.3%)
Daiwa Asset Management Co. Ltd. (1.1%)
Nikko Asset Management Co., Ltd. (1.1%)
Related Companies
API Co., Ltd. (Shizuoka)
DIRECTONE Co., Ltd
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
Copyright © 2022 FactSet Research Systems Inc. All rights reserved.
Last Updated on 10 Aug, 2022
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