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 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 2021 | JPY | USD |
| Revenue | 88,325M | 832.80M |
| Gross Profit | -- | -- |
| Operating income | 22,766M | 214.65M |
| Income before tax | 22,772M | 214.71M |
| Net income | 21,433M | 202.08M |
| EBITDA | -- | -- |
| Diluted EPS | 92.52 | 0.87 |
| Dividends Per Share | 5 | 0.04 |
| Total Assets | 3,550.41B | 32,130.45M |
| Total liabilities | 3,264.64B | 29,544.25M |
| Total equity | 285,666M | 2,585.21M |
| Operating cash flow | 3,598M | 33.92M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
| Revenue | 142,202M | 149,058M | 132,980M | 110,568M | 88,325M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 61,165M | 10,855M | -74,517M | 41,915M | 22,766M |
| Income before tax | 60,057M | 10,105M | -75,059M | 31,858M | 22,772M |
| Net income | 42,628M | 6,989M | -97,146M | 25,325M | 21,433M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 184.02 | 30.16 | -419.36 | 109.32 | 92.52 |
| Dividends Per Share | 22 | 21 | 0 | 5 | 5 |
| Total Assets | 4,471.72B | 4,461.57B | 3,428.32B | 3,481.57B | 3,550.41B |
| Total liabilities | 4,131.34B | 4,116.81B | 3,186.01B | 3,224.68B | 3,264.64B |
| Total equity | 338,054M | 342,685M | 241,028M | 256,781M | 285,666M |
| Operating cash flow | 26,410M | 44,099M | 29,603M | 14,020M | 3,598M |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | |
| Revenue | 1,313.18M | 1,344.89M | 1,199.15M | 1,016.94M | 832.80M |
| Gross Profit | -- | -- | -- | -- | -- |
| Operating income | 564.83M | 97.94M | -671.96M | 385.51M | 214.65M |
| Income before tax | 554.60M | 91.17M | -676.84M | 293.01M | 214.71M |
| Net income | 393.65M | 63.05M | -876.02M | 232.92M | 202.08M |
| EBITDA | -- | -- | -- | -- | -- |
| Diluted EPS | 1.69 | 0.27 | -3.78 | 1.00 | 0.87 |
| Dividends Per Share | 0.20 | 0.18 | 0 | 0.04 | 0.04 |
| Total Assets | 40,130.35M | 41,951.81M | 30,973.72M | 32,250.27M | 32,130.45M |
| Total liabilities | 37,075.70M | 38,710.03M | 28,784.51M | 29,870.65M | 29,544.25M |
| Total equity | 3,033.77M | 3,222.23M | 2,177.60M | 2,378.59M | 2,585.21M |
| Operating cash flow | 243.88M | 397.88M | 266.94M | 128.94M | 33.92M |
Valuation Measures
| Mar 2021 | |
| PER | 4.61 |
| ROA | 0.60% |
| ROE | 7.90% |
| Operating margin | 25.77% |
| Profit margin | 24.26% |
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
- Nojima Corp. (18.4%)
- Sompo Holdings, Inc. (3.2%)
- Meiji Yasuda Life Insurance Co. (3.1%)
- Nomura Asset Management Co., Ltd. (2.3%)
- Suruga Scholarship Foundation (2.3%)
- The Vanguard Group, Inc. (2.0%)
- Jupiter Asset Management Ltd. (1.7%)
- Portfolia, Inc. (1.3%)
- Okasan Securities Group, Inc. (1.1%)
- Daiwa Asset Management Co. Ltd. (1.0%)
Contact Details
- Website:http://www.surugabank.co.jp
- Phone: +81.55.962.0080
Related Companies
- API Co., Ltd. (Shizuoka)
- DIRECTONE Co., Ltd
- Suruga Bank (Europe) SA
- Sakai Display Products Corp.
- 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 17 Sep, 2021
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