# The Bank of Toyama,Ltd.: 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100期(2025/04/01－2026/03/31) (S100YFUZ)
> Page: https://vizora.meequs.com/en/company/bank-of-toyama
> Retrieved: 2026-09-30T20:46:40.704Z

## Company

The Bank of Toyama is a company in Regional Banks listed on TSE Standard. It has 325 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | The Bank of Toyama,Ltd. |
| Ticker | 8365 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/8365.T) |
| Listing | TSE Standard |
| Head office | 富山県高岡市下関町3番1号 |
| Representative (per filing) | 取締役頭取 中沖 雄 |
| Employees (consolidated) | 325 |
| Average salary (parent only) | ¥5.7M |
| Fiscal year end | March |
| Website | www.toyamabank.co.jp (https://www.toyamabank.co.jp/) |
| Corporate number | 9230001011196 |
| EDINET | E03565 |
| Industries (Vizora) | Regional Banks, Leasing |

> Profile source: annual securities report (S100YFUZ, filed 2026-06-22). As of filing

## Key points (generated from figures)

- About 87% of The Bank of Toyama's ordinary revenue comes from Banking, with Leasing and Other making up much of the rest.
- Out of every ¥100 of ordinary revenue, about ¥13 is left as ordinary profit.
- Ordinary revenue changed +42.3% from the prior year, ordinary profit +37.8%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥13.8B |  |
| Ordinary income | ¥1.78B | Margin 12.9% |
| Net income | ¥1.05B | Margin 7.6% |
| Employees (consolidated) | 325 |  |
| EPS | ¥193.54 |  |
| Book value per share | ¥5563.46 |  |
| Equity ratio | 5.5% |  |
| Shares outstanding | 5,444,000 |  |
| Treasury shares | 109,300 |  |
| Shareholders | 5,437 |  |
| Average salary (parent only) | ¥5.7M | Filing company only |

## Notable figures

- FY2026, operating cash flow is 9.0× net income

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥9328000000 | ¥13771000000 | +47.6% |
| Employees | 313 people | 325 people | +3.8% |
| Cash and equivalents | ¥37146000000 | ¥29346000000 | -21.0% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → 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 | 82.3% |
| リース業 → リース業 | 12.6% |
| リース業 → 事業再編・廃止 | 4.8% |
| その他 → その他 | 0.2% |
| その他 → 事業再編・廃止 | 0.0% |
| 新設・再編 → 銀行業 | 4.8% |

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 | 5 years | +9.3% | ¥12010000000 | 14.5% | 2 |
| Leasing | 5 years | +1.4% | ¥1743000000 | 0.9% | 2 |
| Other | 5 years | +4.9% | ¥33000000 | 81.8% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 13,771 | 100.0% | S100YFUZ |
| Ordinary expenses | 11,991 | 87.1% | S100YFUZ |
| Ordinary income | 1,779 | 12.9% | S100YFUZ |
| Extraordinary loss | 140 | 1.0% | S100YFUZ |
| Pretax income | 1,639 | 11.9% | S100YFUZ |
| Income tax | 579 | 4.2% | S100YFUZ |
| Net income | 1,059 | 7.7% | S100YFUZ |
| Net income attributable to owners | 1,046 | 7.6% | S100YFUZ |

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

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 87 |
| Ordinary income | 13 |
| (Ref.) Net income | 8 |

### Margin funnel

Ordinary margin 12.9% → Net margin 7.6%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +42.3%; Core profit growth: +37.8%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): 0.89×
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 | 9,675 | 13,771 | 4,096 | +42.3% |
| Net income attributable to owners | 954 | 1,046 | 92 | +9.6% |
| Operating cash flow | -4,042 | 9,371 | 13,413 | — |
| Free cash flow | -4,443 | 8,856 | 13,299 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 9,446 | — | — | 1,189 | -2,743 | — | S100LRGL |
| FY ending Mar 2018 | 9,494 | — | — | 1,322 | 2,858 | — | S100OLMF |
| FY ending Mar 2019 | 9,088 | — | — | 1,414 | -8,514 | — | S100RAIT |
| FY ending Mar 2020 | 11,921 | — | — | 725 | -11,156 | -13,655 | S100LRGL |
| FY ending Mar 2021 | 9,328 | — | — | 559 | 11,688 | 11,564 | S100OLMF |
| FY ending Mar 2022 | 8,462 | — | — | 333 | 11,281 | 11,128 | S100RAIT |
| FY ending Mar 2023 | 10,821 | — | — | 972 | -19,220 | -19,841 | S100TX2X |
| FY ending Mar 2024 | 10,146 | — | — | 632 | 2,641 | 2,181 | S100W4TK |
| FY ending Mar 2025 | 9,675 | — | — | 954 | -4,042 | -4,443 | S100YFUZ |
| FY ending Mar 2026 | 13,771 | — | — | 1,046 | 9,371 | 8,856 | S100YFUZ |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥42.4M |
| Net income per employee (consolidated) | ¥3.2M |

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

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 318 | 332 | 332 | 337 | 325 |
| Average salary (parent company) | ¥5.3M | ¥5.5M | ¥5.5M | ¥5.5M | ¥5.7M |
| Average age (parent company) | 42.5 years | 42.3 years | 42.1 years | 41.5 years | 41.8 years |
| Average tenure (parent company) | 17.8 years | 17.1 years | 17.0 years | 16.3 years | 16.3 years |

Year over year: Employees (consolidated) -3.6% · Revenue (consolidated) +42.3%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Banking | 12,010 | 87.1% | 1,739 | 14.5% |
| Leasing | 1,743 | 12.6% | 16 | 0.9% |
| Other | 33 | 0.2% | 27 | 81.8% |

### 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 | 87.1% |
| Leasing | 12.6% |
| Other | 0.2% |

Segment → industry: Other → Regional Banks / Banking → Regional Banks / 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 | 9,371 | 68.0% | S100YFUZ |
| Capital expenditure | 515 | 3.7% | S100YFUZ |
| Free cash flow | 8,856 | 64.3% | 算出 |
| Investing cash flow | -9,551 | -69.4% | S100YFUZ |
| Financing cash flow | -268 | -1.9% | S100YFUZ |
| Dividends paid | 266 | 1.9% | S100YFUZ |
| Share buyback | 0 | 0.0% | S100YFUZ |
| Change in cash | -449 | -3.3% | S100YFUZ |
| Cash and equivalents | 29,346 | 213.1% | S100YFUZ |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社Plan・Do・See | Major shareholder | 4.9% | 2026-03-31 |
| 株式会社北陸銀行 | Major shareholder | 4.4% | 2026-03-31 |
| 株式会社ホクタテ | Major shareholder | 3.4% | 2026-03-31 |
| トナミホールディングス株式会社 | Major shareholder | 3.0% | 2026-03-31 |
| 富山銀行従業員持株会 | Major shareholder | 2.8% | 2026-03-31 |
| 三協立山株式会社 | Major shareholder | 2.6% | 2026-03-31 |
| 日本海ガス絆ホールディングス株式会社 | Major shareholder | 2.1% | 2026-03-31 |
| 株式会社クスリのアオキ | Major shareholder | 2.1% | 2026-03-31 |
| 北日本放送株式会社 | Major shareholder | 2.1% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 1.5% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第100期(2025/04/01－2026/03/31) | S100YFUZ | 2026-06-22 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YFUZ,, |
| 有価証券報告書－第99期(2024/04/01－2025/03/31) | S100W4TK | 2025-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W4TK,, |
| 有価証券報告書－第98期(2023/04/01－2024/03/31) | S100TX2X | 2024-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TX2X,, |
| 有価証券報告書－第97期(2022/04/01－2023/03/31) | S100RAIT | 2023-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100RAIT,, |
| 有価証券報告書－第96期(令和3年4月1日－令和4年3月31日) | S100OLMF | 2022-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OLMF,, |
| 有価証券報告書－第95期(令和2年4月1日－令和3年3月31日) | S100LRGL | 2021-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LRGL,, |

## 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).