# Aichi Financial Group, Inc.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第4期(2025/04/01－2026/03/31) (S100YE5H)
> Page: https://vizora.meequs.com/en/company/aichi-financial-group
> Retrieved: 2026-09-30T21:06:28.271Z

## Company

Aichi Financial Group, founded in 2022, is a company in Regional Banks listed on TSE Prime. It has 2,562 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Aichi Financial Group, Inc. |
| Ticker | 7389 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7389.T) |
| Listing | TSE Prime |
| Head office | 愛知県名古屋市中区栄三丁目14番12号 |
| Representative (per filing) | 代表取締役社長執行役員 伊藤 行記 |
| Founded | May 2022 |
| Employees (consolidated) | 2,562 |
| Average salary (parent only) | ¥10.7M |
| Fiscal year end | March |
| Website | www.aichi-fg.co.jp (https://www.aichi-fg.co.jp/) |
| Corporate number | 1180001153290 |
| EDINET | E37781 |
| Industries (Vizora) | Regional Banks, Credit Cards & Consumer Credit, Leasing |

> Profile source: annual securities report (S100YE5H, filed 2026-06-19). As of filing

## Key points (generated from figures)

- About 90% of Aichi Financial Group's ordinary revenue comes from Banking, with Leasing and Other making up much of the rest.
- Out of every ¥100 of ordinary revenue, about ¥25 is left as ordinary profit.
- Ordinary revenue changed +23.9% from the prior year, ordinary profit +200.6%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥125.1B |  |
| Ordinary income | ¥30.9B | Margin 24.7% |
| Net income | ¥21.8B | Margin 17.4% |
| Employees (consolidated) | 2,562 |  |
| EPS | ¥29.16 |  |
| Diluted EPS | ¥29.03 |  |
| Book value per share | ¥860.33 |  |
| Equity ratio | 6.0% |  |
| Shares outstanding | 49,124,000 |  |
| Treasury shares | 379,400 |  |
| Shareholders | 15,686 |  |
| Average salary (parent only) | ¥10.7M | Filing company only |

## Notable figures

- FY2026, operating cash flow is 8.4× net income

## What changed in 3 years

| Metric | FY ending Mar 2023 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥72861000000 | ¥125137000000 | +71.7% |
| Employees | 2,308 people | 2,562 people | +11.0% |
| Cash and equivalents | ¥708628000000 | ¥787851000000 | +11.2% |

### Change in segment revenue mix

Span: FY ending Mar 2023 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| 銀行業 → 銀行業 | 90.0% |
| リース業 → リース業 | 5.5% |
| リース業 → 事業再編・廃止 | 2.5% |
| その他 → その他 | 2.0% |
| 新設・再編 → 銀行業 | 0.1% |
| 新設・再編 → その他 | 2.4% |

Segment revenue source references: 6 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Banking | 3 years | +20.3% | ¥113104000000 | 27.2% | 2 |
| Leasing | 3 years | +6.2% | ¥6860000000 | 0.6% | 2 |
| Other | 3 years | +55.3% | ¥5506000000 | 5.2% | 2 |

## Income statement（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 125,137 | 100.0% | S100YE5H |
| Ordinary expenses | 94,225 | 75.3% | S100YE5H |
| Ordinary income | 30,912 | 24.7% | S100YE5H |
| Extraordinary income | 0 | 0.0% | S100YE5H |
| Extraordinary loss | 972 | 0.8% | S100YE5H |
| Pretax income | 29,940 | 23.9% | S100YE5H |
| Income tax | 8,130 | 6.5% | S100YE5H |
| Net income | 21,810 | 17.4% | S100YE5H |
| Net income attributable to owners | 21,808 | 17.4% | S100YE5H |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 75 |
| Ordinary income | 25 |
| (Ref.) Net income | 17 |

### Margin funnel

Ordinary margin 24.7% → Net margin 17.4%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +23.9%; Core profit growth: +200.6%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 8.41×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 101,036 | 125,137 | 24,101 | +23.9% |
| Net income attributable to owners | 9,097 | 21,808 | 12,711 | +139.7% |
| Operating cash flow | -105,076 | 182,208 | 287,284 | — |
| Free cash flow | -110,495 | 178,583 | 289,078 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2023 | 72,861 | — | — | 81,806 | 28,825 | 26,224 | S100TOFV |
| FY ending Mar 2024 | 88,687 | — | — | 8,295 | -160,573 | -165,120 | S100WIQY |
| FY ending Mar 2025 | 101,036 | — | — | 9,097 | -105,076 | -110,495 | S100YE5H |
| FY ending Mar 2026 | 125,137 | — | — | 21,808 | 182,208 | 178,583 | S100YE5H |

## People and productivity（FY ending Mar 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥48.8M |
| Net income per employee (consolidated) | ¥8.5M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 2,308 | 2,351 | 2,575 | 2,562 |
| Average salary (parent company) | ¥9.8M | ¥9.8M | ¥10.4M | ¥10.7M |
| Average age (parent company) | 49.8 years | 50.5 years | 49.9 years | 47.2 years |
| Average tenure (parent company) | 26.5 years | 26.7 years | 26.3 years | 23.0 years |

Year over year: Employees (consolidated) -0.5% · Revenue (consolidated) +23.9%

## Segments（FY ending Mar 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Banking | 113,104 | 90.1% | 30,737 | 27.2% |
| Leasing | 6,860 | 5.5% | 40 | 0.6% |
| Other | 5,506 | 4.4% | 287 | 5.2% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share |
| --- | ---: |
| Banking | 90.1% |
| Leasing | 5.5% |
| Other | 4.4% |

Segment → industry: Banking → Regional Banks / Other → Credit Cards & Consumer Credit / Leasing → Leasing

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 182,208 | 145.6% | S100YE5H |
| Capital expenditure | 3,625 | 2.9% | S100YE5H |
| Free cash flow | 178,583 | 142.7% | 算出 |
| Investing cash flow | 3,927 | 3.1% | S100YE5H |
| Financing cash flow | -6,575 | -5.3% | S100YE5H |
| Dividends paid | 5,383 | 4.3% | S100YE5H |
| Share buyback | 1,125 | 0.9% | S100YE5H |
| Change in cash | 179,560 | 143.5% | S100YE5H |
| Cash and equivalents | 787,851 | 629.6% | S100YE5H |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 9.4% | 2026-03-31 |
| GOLDMAN SACHS INTERNATIONAL | Major shareholder | 8.2% | 2026-03-31 |
| ミソノサービス株式会社 | Major shareholder | 7.2% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 3.7% | 2026-03-31 |
| あいちフィナンシャルグループ従業員持株会 | Major shareholder | 2.1% | 2026-03-31 |
| 日本生命保険相互会社 | Major shareholder | 1.9% | 2026-03-31 |
| 東邦瓦斯株式会社 | Major shareholder | 1.9% | 2026-03-31 |
| ARIAKE MASTER FUND | Major shareholder | 1.7% | 2026-03-31 |
| 住友生命保険相互会社 | Major shareholder | 1.4% | 2026-03-31 |
| アーク証券株式會社 | Major shareholder | 1.2% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第4期(2025/04/01－2026/03/31) | S100YE5H | 2026-06-19 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YE5H,, |
| 訂正有価証券報告書－第3期(2024/04/01－2025/03/31) | S100WIQY | 2025-08-14 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100WIQY,, |
| 有価証券報告書－第2期(2023/04/01－2024/03/31) | S100TOFV | 2024-06-21 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TOFV,, |
| 訂正有価証券報告書－第1期(2022/04/01－2023/03/31) | S100S8H0 | 2023-11-13 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100S8H0,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).