# Hachijuni Nagano Bank, 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143期(2025/04/01－2026/03/31) (S100YAUN)
> Page: https://vizora.meequs.com/en/company/hachijuni-nagano-bank
> Retrieved: 2026-09-30T19:58:29.656Z

## Company

Hachijuni Nagano Bank, founded in 1931, is a company in Regional Banks listed on TSE Prime. It has 4,128 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Hachijuni Nagano Bank, Ltd.(旧英訳名 The Hachijuni Bank, Ltd. ) |
| Ticker | 8359 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/8359.T) |
| Listing | TSE Prime |
| Head office | 長野市大字中御所字岡田178番地8 |
| Representative (per filing) | 取締役頭取 松下正樹 |
| Founded | Aug 1931 |
| Employees (consolidated) | 4,128 |
| Average salary (parent only) | ¥8.1M |
| Fiscal year end | March |
| Website | bank.82group.jp (https://bank.82group.jp/) |
| Corporate number | 3100001002833 |
| EDINET | E03563 |
| Industries (Vizora) | Regional Banks, Securities & Asset Management, Leasing |

> Profile source: annual securities report (S100YAUN, filed 2026-06-16). As of filing

## Key points (generated from figures)

- About 86% of Hachijuni Nagano Bank's ordinary revenue comes from Banking, with Leasing and Other making up much of the rest.
- Out of every ¥100 of ordinary revenue, about ¥27 is left as ordinary profit.
- Ordinary revenue changed +20.2% from the prior year, ordinary profit +27.7%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥305.4B |  |
| Ordinary income | ¥81.5B | Margin 26.7% |
| Net income | ¥64.6B | Margin 21.1% |
| Employees (consolidated) | 4,128 |  |
| EPS | ¥145.46 |  |
| Diluted EPS | ¥145.38 |  |
| Book value per share | ¥2298.84 |  |
| Equity ratio | 8.5% |  |
| Shares outstanding | 493,767,000 |  |
| Treasury shares | 39,244,300 |  |
| Shareholders | 29,986 |  |
| Average salary (parent only) | ¥8.1M | Filing company only |

## Notable figures

- FY2026, revenue is 2.0× its level five years ago
- FY2026, parent-company salary changed +24% over five years

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥152604000000 | ¥305443000000 | +100.2% |
| Employees | 3,689 people | 4,128 people | +11.9% |
| Cash and equivalents | ¥2722413000000 | ¥2803142000000 | +3.0% |

### 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 | 74.6% |
| リース業 → リース業 | 12.8% |
| リース業 → 事業再編・廃止 | 8.9% |
| その他 → その他 | 1.0% |
| その他 → 事業再編・廃止 | 2.7% |
| 新設・再編 → 銀行業 | 11.6% |

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 | +18.3% | ¥263251000000 | 30.2% | 2 |
| Leasing | 5 years | +3.4% | ¥39065000000 | 5.8% | 2 |
| Other | 5 years | -11.2% | ¥3126000000 | -6.3% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 305,443 | 100.0% | S100YAUN |
| Ordinary expenses | 223,909 | 73.3% | S100YAUN |
| Ordinary income | 81,533 | 26.7% | S100YAUN |
| Extraordinary income | 69 | 0.0% | S100YAUN |
| Extraordinary loss | 1,726 | 0.6% | S100YAUN |
| Pretax income | 79,876 | 26.2% | S100YAUN |
| Income tax | 15,152 | 5.0% | S100YAUN |
| Net income | 64,724 | 21.2% | S100YAUN |
| Net income attributable to owners | 64,572 | 21.1% | S100YAUN |

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

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 73 |
| Ordinary income | 27 |
| (Ref.) Net income | 21 |

### Margin funnel

Ordinary margin 26.7% → Net margin 21.1%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +20.2%; Core profit growth: +27.7%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 1.37×
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 | 254,193 | 305,443 | 51,250 | +20.2% |
| Net income attributable to owners | 47,982 | 64,572 | 16,590 | +34.6% |
| Operating cash flow | -639,483 | -440,464 | 199,019 | — |
| Free cash flow | -649,000 | -452,288 | 196,712 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 209,160 | — | — | 26,312 | 272,026 | — | S100LR85 |
| FY ending Mar 2018 | 179,920 | — | — | 25,840 | 490,598 | — | S100OBUG |
| FY ending Mar 2019 | 160,013 | — | — | 22,492 | 912,580 | — | S100R0C5 |
| FY ending Mar 2020 | 165,077 | — | — | 22,077 | -138,565 | -145,778 | S100LR85 |
| FY ending Mar 2021 | 152,604 | — | — | 22,384 | 1,365,598 | 1,358,711 | S100OBUG |
| FY ending Mar 2022 | 151,349 | — | — | 26,667 | 810,181 | 801,957 | S100R0C5 |
| FY ending Mar 2023 | 198,009 | — | — | 24,135 | -588,475 | -595,842 | S100U09Z |
| FY ending Mar 2024 | 212,201 | — | — | 37,071 | 454,973 | 446,426 | S100W4NC |
| FY ending Mar 2025 | 254,193 | — | — | 47,982 | -639,483 | -649,000 | S100YAUN |
| FY ending Mar 2026 | 305,443 | — | — | 64,572 | -440,464 | -452,288 | S100YAUN |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥74M |
| Net income per employee (consolidated) | ¥15.6M |

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) | 3,569 | 3,531 | 4,140 | 4,121 | 4,128 |
| Average salary (parent company) | ¥6.5M | ¥6.7M | ¥6.9M | ¥8.2M | ¥8.1M |
| Average age (parent company) | 42.2 years | 42.1 years | 42.1 years | 42.4 years | 42.1 years |
| Average tenure (parent company) | 15.9 years | 15.7 years | 14.5 years | 14.5 years | 15.5 years |

Year over year: Employees (consolidated) +0.2% · Revenue (consolidated) +20.2%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Banking | 263,251 | 86.2% | 79,448 | 30.2% |
| Leasing | 39,065 | 12.8% | 2,277 | 5.8% |
| Other | 3,126 | 1.0% | -196 | -6.3% |

### 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 | 86.2% |
| Leasing | 12.8% |
| Other | 1.0% |

Segment → industry: Banking → Regional Banks / Other → Securities & Asset Management / 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 | -440,464 | -144.2% | S100YAUN |
| Capital expenditure | 11,824 | 3.9% | S100YAUN |
| Free cash flow | -452,288 | -148.1% | 算出 |
| Investing cash flow | 276,491 | 90.5% | S100YAUN |
| Financing cash flow | -32,608 | -10.7% | S100YAUN |
| Dividends paid | 22,527 | 7.4% | S100YAUN |
| Share buyback | 10,003 | 3.3% | S100YAUN |
| Change in cash | -196,581 | -64.4% | S100YAUN |
| Cash and equivalents | 2,803,142 | 917.7% | S100YAUN |

## 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 | 12.9% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 4.9% | 2026-03-31 |
| 明治安田生命保険相互会社(常任代理人 株式会社日本カストディ銀行) | Major shareholder | 3.0% | 2026-03-31 |
| 日本生命保険相互会社(常任代理人 日本マスタートラスト信託銀行株式会社) | Major shareholder | 3.0% | 2026-03-31 |
| 昭和商事株式会社 | Major shareholder | 2.7% | 2026-03-31 |
| NORTHERN TRUST CO. (AVFC) RE FIDELITY FUNDS(常任代理人 香港上海銀行東京支店セキュリティーズ・サービシズ・オペレーションズ部) | Major shareholder | 2.4% | 2026-03-31 |
| BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)(常任代理人 株式会社三菱UFJ銀行) | Major shareholder | 1.8% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部) | Major shareholder | 1.7% | 2026-03-31 |
| GOLDMAN SACHS INTERNATIONAL(常任代理人 ゴールドマン・サックス証券株式会社) | Major shareholder | 1.4% | 2026-03-31 |
| JP MORGAN CHASE BANK 385781(常任代理人 株式会社みずほ銀行決済営業部) | Major shareholder | 1.3% | 2026-03-31 |

## AI commentary（text by AI; the tables above are authoritative、claude-code）

- Revenue for the FY ending Mar 2026 was ¥305.4B, up +20.2% from ¥254.2B.
- Net income attributable to owners grew +34.6%, from ¥48B to ¥64.6B.
- Operating cash flow was -¥440.5B, a smaller outflow than the prior year's -¥639.5B. The outflow came mainly from paying down borrowings and making more loans.

### Drivers

- Rising rates pushed up funding costs, but interest from loans and securities grew faster, lifting net interest income.
- Gains from selling stocks and similar holdings increased.
- Credit costs fell as loan-loss reserves turned into a reversal gain.

### Risks

- Its Japanese and US government bonds could lose value if interest rates rise sharply.
- Much of its lending is inside Nagano Prefecture, so results depend on the local economy, small businesses, and household finances.
- A steep fall in share prices could force write-downs on the stocks it holds.

Cited: Annual Securities Report (143rd term) (経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析); Annual Securities Report (143rd term) (事業等のリスク)

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第143期(2025/04/01－2026/03/31) | S100YAUN | 2026-06-16 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YAUN,, |
| 訂正有価証券報告書－第142期(2024/04/01－2025/03/31) | S100W4NC | 2025-07-02 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W4NC,, |
| 訂正有価証券報告書－第141期(2023/04/01－2024/03/31) | S100U09Z | 2024-07-10 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100U09Z,, |
| 有価証券報告書－第140期(2022/04/01－2023/03/31) | S100R0C5 | 2023-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R0C5,, |
| 有価証券報告書－第139期(令和3年4月1日－令和4年3月31日) | S100OBUG | 2022-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OBUG,, |
| 有価証券報告書－第138期(令和2年4月1日－令和3年3月31日) | S100LR85 | 2021-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LR85,, |

## 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).