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Finance

The Musashino Bank, Ltd.

Business Summary

The Musashino Bank, Ltd. engages in the business of commercial banking and financial services. It operates through the following segments: Banking, Leasing, Credit Assurance, and Others. The Banking segment deals with deposits, loans, foreign exchange, and securities investment businesses. The Leasing segment includes general leasing services. The Credit Assurance segment handles credit guarantee services. The Others segment comprises of credit card and money lending businesses; computer systems development, sales, and maintenance; economic and industrial research; management and taxation consultation; and venture company investment services. The company was founded on March 6, 1952 and is headquartered in Saitama, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue59,037M525.36M
Gross Profit----
Operating income14,866M132.29M
Income before tax13,421M119.43M
Net income9,002M80.10M
EBITDA----
Diluted EPS268.662.39
Dividends Per Share900.80
Total Assets5,486.28B45,201.09M
Total liabilities5,235.72B43,136.80M
Total equity250,525M2,064.05M
Operating cash flow10,992M97.81M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 59,904M 65,737M 56,847M 59,766M 59,037M
Gross Profit -- -- -- -- --
Operating income 14,874M 10,963M 8,788M 13,183M 14,866M
Income before tax 15,334M 10,917M 8,732M 12,796M 13,421M
Net income 10,917M 5,345M 8,067M 8,022M 9,002M
EBITDA -- -- -- -- --
Diluted EPS 325.71 159.48 240.73 239.45 268.66
Dividends Per Share 80 80 80 80 90
Total Assets 4,560.69B 4,626.04B 4,674.05B 5,319.97B 5,486.28B
Total liabilities 4,313.65B 4,386.83B 4,438.60B 5,070.79B 5,235.72B
Total equity 246,758M 238,896M 235,435M 249,153M 250,525M
Operating cash flow 6,043M 8,573M 4,010M 19,578M 10,992M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 540.49M 592.78M 522.84M 563.52M 525.36M
Gross Profit -- -- -- -- --
Operating income 134.20M 98.85M 80.82M 124.30M 132.29M
Income before tax 138.35M 98.44M 80.31M 120.65M 119.43M
Net income 98.50M 48.19M 74.19M 75.63M 80.10M
EBITDA -- -- -- -- --
Diluted EPS 2.93 1.43 2.21 2.25 2.39
Dividends Per Share 0.72 0.72 0.73 0.75 0.80
Total Assets 42,883.79M 41,794.68M 43,296.36M 48,144.53M 45,201.09M
Total liabilities 40,560.87M 39,633.46M 41,115.28M 45,889.52M 43,136.80M
Total equity 2,320.24M 2,158.34M 2,180.86M 2,254.77M 2,064.05M
Operating cash flow 54.52M 77.30M 36.88M 184.59M 97.81M

Valuation Measures

Mar 2022
PER6.54
ROA0.16%
ROE3.60%
Operating margin25.18%
Profit margin15.24%

Key executives

  • President & Representative Director: Kazumasa Nagahori
  • Managing Executive Officer & Senior Head-Sales: Masaharu Saito
  • Auditor: Yuichi Tanaka
  • Manager-General Planning: Takuo Toma
  • Head-Personnel: Toshitaka Matsuura

Shareholders

  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (6.1%)
  • Nomura Asset Management Co., Ltd. (4.3%)
  • The Chiba Bank, Ltd. (2.7%)
  • Dimensional Fund Advisors LP (2.5%)
  • The Vanguard Group, Inc. (2.4%)
  • Mitsubishi UFJ Financial Group, Inc. (2.2%)
  • Meiji Yasuda Life Insurance Co. (2.1%)
  • Musashino Bank Employee Stock Ownership Plan (2.1%)
  • Sumitomo Life Insurance Co. (2.0%)
  • Maeda Glass Co., Ltd. (1.7%)

Contact Details

Related Companies

  • Bugin Guarantee Co., Ltd.
  • Musashino Harmony Co., Ltd.
  • Bugin Economic Research Institute Ltd.
  • Bugin System Service Co., Ltd.
  • Bugin Capital KK
  • Misashino Bank Bip Board Incentive Plan
  • Musashino Card Co., Ltd
  • Bugin Business Service KK
  • Bugin Hosho KK
  • Bugin General Lease Co., Ltd.
  • Musashino Bank Employee Stock Ownership Plan

Competitors

    Last Updated on 1 Dec, 2022

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