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Finance

The Miyazaki Bank Ltd.

Business Summary

The Miyazaki Bank Ltd. engages in the provision of general retail banking and related financial services. It operates through the following segments: Bank, Leasing, and Others. The Bank segment covers deposit functions, loans, and domestic and foreign exchange. The Leasing segment offers general leasing services. The Others segment includes investment and management consulting services for government and corporate bonds, credit guarantees, and credit card business. The company was founded on July 27, 1932 and is headquartered in Miyazaki, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue58,147M517.44M
Gross Profit----
Operating income10,998M97.87M
Income before tax11,473M102.09M
Net income7,473M66.50M
EBITDA----
Diluted EPS430.963.83
Dividends Per Share1000.88
Total Assets4,243.37B34,960.89M
Total liabilities4,084.24B33,649.78M
Total equity159,130M1,311.06M
Operating cash flow9,856M87.70M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 50,790M 51,731M 53,741M 53,514M 58,147M
Gross Profit -- -- -- -- --
Operating income 9,833M 13,171M 10,124M 11,326M 10,998M
Income before tax 12,717M 13,758M 10,758M 12,024M 11,473M
Net income 8,770M 9,730M 7,126M 7,996M 7,473M
EBITDA -- -- -- -- --
Diluted EPS 507.81 562.98 411.96 461.71 430.96
Dividends Per Share 90 100 100 100 100
Total Assets 2,974.07B 3,107.66B 3,327.64B 3,657.19B 4,243.37B
Total liabilities 2,827.62B 2,955.77B 3,179.10B 3,498.60B 4,084.24B
Total equity 146,263M 151,671M 148,319M 158,585M 159,130M
Operating cash flow -4,808M 8,704M 11,737M 12,695M 9,856M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 458.25M 466.48M 494.28M 504.57M 517.44M
Gross Profit -- -- -- -- --
Operating income 88.71M 118.77M 93.11M 106.79M 97.87M
Income before tax 114.74M 124.06M 98.94M 113.37M 102.09M
Net income 79.12M 87.74M 65.54M 75.39M 66.50M
EBITDA -- -- -- -- --
Diluted EPS 4.58 5.07 3.78 4.35 3.83
Dividends Per Share 0.81 0.90 0.91 0.94 0.88
Total Assets 27,964.99M 28,076.63M 30,824.40M 33,096.75M 34,960.89M
Total liabilities 26,587.86M 26,704.42M 29,448.45M 31,661.54M 33,649.78M
Total equity 1,375.29M 1,370.29M 1,373.89M 1,435.15M 1,311.06M
Operating cash flow -43.38M 78.48M 107.95M 119.69M 87.70M

Valuation Measures

Mar 2022
PER4.76
ROA0.18%
ROE4.70%
Operating margin18.91%
Profit margin12.85%

Key executives

  • President & Representative Director: Koji Sugita
  • Director & Executive Officer: Kazuhiro Hoshihara
  • Managing Director & Executive Officer: Tomoki Yamada
  • Executive Officer & Manager-Audit: Takahiko Miyasaka
  • Executive Officer & Manager-Personnel: Mikiko Iwao

Shareholders

  • Kyushu Financial Group, Inc. (3.6%)
  • Dimensional Fund Advisors LP (3.3%)
  • Miyazaki Bank Employee Stock Ownership Plan (2.6%)
  • Fukuoka Financial Group, Inc. (2.5%)
  • Nippon Life Insurance Co. (2.5%)
  • Meiji Yasuda Life Insurance Co. (2.4%)
  • The Miyazaki Bank Ltd. (2.1%)
  • Nomura Asset Management Co., Ltd. (2.1%)
  • The Vanguard Group, Inc. (2.0%)
  • The Musashino Bank, Ltd. (1.2%)

Contact Details

Related Companies

  • Miyagin Business Service Co. Ltd.
  • Miyagin Venture Capital KK
  • Miyagin Hosho KK
  • Miyagin Lease KK
  • Miyazaki Bank Employee Stock Ownership Plan

Competitors

    Last Updated on 28 Nov, 2022

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