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Finance

The 77 Bank, Ltd.

Business Summary

The 77 Bank, Ltd. engages in the provision of banking and financial services. It operates through the following business divisions: Banking, Leasing, and Other. The Banking segment provides customers with banking services including deposit, lending, and exchange. The Leasing segment offers customers with leasing services. The Other segment consists of credit guarantee and credit card businesses. The company was founded on December 9, 1878 and is headquartered in Sendai, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue99,603M916.09M
Gross Profit----
Operating income11,921M109.64M
Income before tax26,175M240.74M
Net income18,261M167.95M
EBITDA----
Diluted EPS246.962.27
Dividends Per Share500.45
Total Assets8,770.03B81,237.89M
Total liabilities8,322.59B77,093.17M
Total equity447,436M4,144.65M
Operating cash flow41,681M383.35M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 102,610M 97,680M 101,265M 96,882M 99,603M
Gross Profit -- -- -- -- --
Operating income 22,222M 18,287M 17,938M 12,768M 11,921M
Income before tax 27,092M 23,291M 25,039M 22,590M 26,175M
Net income 15,857M 16,114M 18,314M 17,670M 18,261M
EBITDA -- -- -- -- --
Diluted EPS 210.95 214.74 246.45 237.89 246.96
Dividends Per Share 45 45 45 47.50 50
Total Assets 8,598.58B 8,649.39B 8,718.09B 8,627.51B 8,770.03B
Total liabilities 8,146.27B 8,181.19B 8,227.36B 8,138.43B 8,322.59B
Total equity 437,009M 468,195M 490,737M 489,077M 447,436M
Operating cash flow 62,948M 8,431M 16,232M -39,226M 41,681M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 854.48M 902.04M 913.67M 873.63M 916.09M
Gross Profit -- -- -- -- --
Operating income 185.05M 168.87M 161.84M 115.13M 109.64M
Income before tax 225.60M 215.08M 225.91M 203.70M 240.74M
Net income 132.04M 148.80M 165.24M 159.34M 167.95M
EBITDA -- -- -- -- --
Diluted EPS 1.75 1.98 2.22 2.14 2.27
Dividends Per Share 0.37 0.41 0.40 0.42 0.45
Total Assets 76,503.25M 77,621.78M 81,975.50M 77,946.52M 81,237.89M
Total liabilities 72,478.96M 73,420.04M 77,361.15M 73,527.88M 77,093.17M
Total equity 3,888.15M 4,201.69M 4,614.35M 4,418.63M 4,144.65M
Operating cash flow 524.19M 77.85M 146.45M -353.72M 383.35M

Valuation Measures

Mar 2020
PER5.66
ROA0.20%
ROE3.89%
Operating margin11.96%
Profit margin18.33%

Key executives

  • President & Representative Director: Teruhiko Ujiie
  • Representative Director & Vice President: Hidefumi Kobayashi
  • Director & Executive Officer: Koichi Suzuki
  • Director, Executive Officer & Manager-Audit: Kenji Kikuchi
  • Director, Executive Officer & Manager-Ishinomaki: Yoshikazu Onodera

Shareholders

  • Meiji Yasuda Life Insurance Co. (4.9%)
  • Nippon Life Insurance Co. (4.0%)
  • Sumitomo Life Insurance Co. (4.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.9%)
  • Dai-ichi Life Holdings, Inc. (3.2%)
  • The 77 Bank, Ltd. (3.1%)
  • MS&AD Insurance Group Holdings, Inc. (3.0%)
  • Nomura Asset Management Co., Ltd. (2.5%)
  • The Vanguard Group, Inc. (2.4%)
  • Dimensional Fund Advisors LP (2.3%)

Contact Details

Related Companies

  • 77 New Business Investment LP
  • 77 Bank Board Member Incentive Plan
  • 77 Capital KK
  • 77 Lease Co., Ltd.
  • 77 Card Co., Ltd.
  • 77 Computer Services Co., Ltd.
  • 77 Shin-Yo Hosyo Co., Ltd.
  • 77 Staff Services Co. Ltd.
  • Seventy Seven Bank Employee Stock Ownership Plan

Competitors

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