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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 2020 JPYUSD
Revenue110,568M1,016.94M
Gross Profit----
Operating income41,915M385.51M
Income before tax31,858M293.01M
Net income25,325M232.92M
EBITDA----
Diluted EPS109.321.00
Dividends Per Share50.04
Total Assets3,481.57B32,250.27M
Total liabilities3,224.68B29,870.65M
Total equity256,781M2,378.59M
Operating cash flow14,020M128.94M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 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 2016Mar 2017Mar 2018Mar 2019Mar 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
PER3.23
ROA0.73%
ROE10.17%
Operating margin37.90%
Profit margin22.90%

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

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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