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Finance

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 2019 JPYUSD
Revenue132,980M1,199.15M
Gross Profit----
Operating income-74,517M-671.96M
Income before tax-75,059M-676.84M
Net income-97,146M-876.02M
EBITDA----
Diluted EPS-419.36-3.78
Dividends Per Share00
Total Assets3,428.32B30,973.72M
Total liabilities3,186.01B28,784.51M
Total equity241,028M2,177.60M
Operating cash flow29,603M266.94M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 126,436M 135,993M 142,202M 149,058M 132,980M
Gross Profit -- -- -- -- --
Operating income 56,221M 59,848M 61,165M 10,855M -74,517M
Income before tax 52,360M 55,912M 60,057M 10,105M -75,059M
Net income 32,891M 36,717M 42,628M 6,989M -97,146M
EBITDA -- -- -- -- --
Diluted EPS 138.64 156.03 184.02 30.16 -419.36
Dividends Per Share 20 20 22 21 0
Total Assets 4,284.99B 4,390.14B 4,471.72B 4,461.57B 3,428.32B
Total liabilities 3,992.86B 4,087.90B 4,131.34B 4,116.81B 3,186.01B
Total equity 290,169M 300,093M 338,054M 342,685M 241,028M
Operating cash flow 29,918M 41,716M 26,410M 44,099M 29,603M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,150.91M 1,132.47M 1,313.18M 1,344.89M 1,199.15M
Gross Profit -- -- -- -- --
Operating income 511.76M 498.38M 564.83M 97.94M -671.96M
Income before tax 476.62M 465.60M 554.60M 91.17M -676.84M
Net income 299.39M 305.76M 393.65M 63.05M -876.02M
EBITDA -- -- -- -- --
Diluted EPS 1.26 1.29 1.69 0.27 -3.78
Dividends Per Share 0.18 0.16 0.20 0.18 0
Total Assets 35,730.57M 39,059.97M 40,130.35M 41,951.81M 30,973.72M
Total liabilities 33,294.65M 36,370.91M 37,075.70M 38,710.03M 28,784.51M
Total equity 2,419.58M 2,669.98M 3,033.77M 3,222.23M 2,177.60M
Operating cash flow 272.33M 347.38M 243.88M 397.88M 266.94M

Valuation Measures

Mar 2019
PER--
ROA-2.46%
ROE-33.28%
Operating margin-56.03%
Profit margin-73.05%

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%)
  • Platinum Investment Management Ltd. (4.6%)
  • Sompo Holdings, Inc. (3.8%)
  • Nomura Asset Management Co., Ltd. (3.4%)
  • Meiji Yasuda Life Insurance Co. (3.1%)
  • BlackRock Fund Advisors (2.4%)
  • Merian Global Investors (UK) Ltd. (2.4%)
  • Suruga Scholarship Foundation (2.3%)
  • The Vanguard Group, Inc. (2.0%)
  • BlackRock Japan Co., Ltd. (1.1%)

Contact Details

Related Companies

  • Suruga Bank (Europe) SA
  • Life Navi Partners KK
  • 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

    Last Updated on 19 Nov, 2019

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