# Iyogin Holdings,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) (S100YBIB)
> Page: https://vizora.meequs.com/en/company/iyogin-holdings
> Retrieved: 2026-09-30T19:13:48.144Z

## Company

Iyogin Holdings, founded in 2022, is a company in Regional Banks listed on TSE Prime. It has 3,098 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Iyogin Holdings, Inc. |
| Ticker | 5830 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/5830.T) |
| Listing | TSE Prime |
| Head office | 愛媛県松山市南堀端町1番地 |
| Representative (per filing) | 代表取締役社長 三好賢治 |
| Founded | May 2022 |
| Employees (consolidated) | 3,098 |
| Average salary (parent only) | ¥9.9M |
| Fiscal year end | March |
| Website | www.iyogin-hd.co.jp (https://www.iyogin-hd.co.jp/) |
| Corporate number | 3500001024507 |
| EDINET | E37725 |
| Industries (Vizora) | Regional Banks, Leasing |

> Profile source: annual securities report (S100YBIB, filed 2026-06-16). As of filing

## Key points (generated from figures)

- About 91% of Iyogin Holdings's ordinary revenue comes from Banking, with Leasing and Other making up much of the rest.
- Out of every ¥100 of ordinary revenue, about ¥37 is left as ordinary profit.
- Ordinary revenue changed +14.8% from the prior year, ordinary profit +32.2%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥266.1B |  |
| Ordinary income | ¥99.2B | Margin 37.3% |
| Net income | ¥74.3B | Margin 27.9% |
| Employees (consolidated) | 3,098 |  |
| EPS | ¥128.02 |  |
| Diluted EPS | ¥128 |  |
| Book value per share | ¥1754.12 |  |
| Equity ratio | 9.2% |  |
| Shares outstanding | 313,408,000 |  |
| Treasury shares | 23,747,300 |  |
| Shareholders | 31,630 |  |
| Average salary (parent only) | ¥9.9M | Filing company only |

## Notable figures

- FY2026, buybacks were 1.1× dividends

## What changed in 3 years

| Metric | FY ending Mar 2023 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥172954000000 | ¥266118000000 | +53.9% |
| Employees | 2,986 people | 3,098 people | +3.8% |
| Cash and equivalents | ¥1364804000000 | ¥1163091000000 | -14.8% |

### 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 | 89.6% |
| リース業 → リース業 | 8.1% |
| リース業 → 事業再編・廃止 | 1.2% |
| その他 → その他 | 1.0% |
| その他 → 事業再編・廃止 | 0.2% |
| 新設・再編 → 銀行業 | 1.4% |

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 | +16.0% | ¥242018000000 | 40.6% | 2 |
| Leasing | 3 years | +10.3% | ¥21463000000 | 2.4% | 2 |
| Other | 3 years | +8.6% | ¥2636000000 | 1439.9% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 266,118 | 100.0% | S100YBIB |
| Ordinary expenses | 166,912 | 62.7% | S100YBIB |
| Ordinary income | 99,206 | 37.3% | S100YBIB |
| Extraordinary income | 6,009 | 2.3% | S100YBIB |
| Extraordinary loss | 659 | 0.2% | S100YBIB |
| Pretax income | 104,556 | 39.3% | S100YBIB |
| Income tax | 30,289 | 11.4% | S100YBIB |
| Net income | 74,266 | 27.9% | S100YBIB |
| Net income attributable to owners | 74,253 | 27.9% | S100YBIB |

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

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 63 |
| Ordinary income | 37 |
| (Ref.) Net income | 28 |

### Margin funnel

Ordinary margin 37.3% → Net margin 27.9%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +14.8%; Core profit growth: +32.2%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 2.18×
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 | 231,888 | 266,118 | 34,230 | +14.8% |
| Net income attributable to owners | 53,321 | 74,253 | 20,932 | +39.3% |
| Operating cash flow | -160,043 | -161,022 | -979 | — |
| Free cash flow | -178,731 | -170,589 | 8,142 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2023 | 172,954 | — | — | 27,899 | -368,753 | -377,159 | S100TWH9 |
| FY ending Mar 2024 | 192,758 | — | — | 39,464 | 296,372 | 283,150 | S100W5O4 |
| FY ending Mar 2025 | 231,888 | — | — | 53,321 | -160,043 | -178,731 | S100YBIB |
| FY ending Mar 2026 | 266,118 | — | — | 74,253 | -161,022 | -170,589 | S100YBIB |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥85.9M |
| Net income per employee (consolidated) | ¥24M |

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) | 2,986 | 3,019 | 3,039 | 3,098 |
| Average salary (parent company) | ¥9.4M | ¥9.6M | ¥9.6M | ¥9.9M |
| Average age (parent company) | 41.5 years | 42.0 years | 42.2 years | 41.5 years |
| Average tenure (parent company) | 18.6 years | 19.3 years | 19.5 years | 18.5 years |

Year over year: Employees (consolidated) +1.9% · Revenue (consolidated) +14.8%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Banking | 242,018 | 90.9% | 98,160 | 40.6% |
| Leasing | 21,463 | 8.1% | 524 | 2.4% |
| Other | 2,636 | 1.0% | 37,957 | 1439.9% |

### 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 | 90.9% |
| Leasing | 8.1% |
| Other | 1.0% |

Segment → industry: 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 | -161,022 | -60.5% | S100YBIB |
| Capital expenditure | 9,567 | 3.6% | S100YBIB |
| Free cash flow | -170,589 | -64.1% | 算出 |
| Investing cash flow | 238,811 | 89.7% | S100YBIB |
| Financing cash flow | -34,220 | -12.9% | S100YBIB |
| Dividends paid | 16,264 | 6.1% | S100YBIB |
| Share buyback | 17,941 | 6.7% | S100YBIB |
| Change in cash | 43,580 | 16.4% | S100YBIB |
| Cash and equivalents | 1,163,091 | 437.1% | S100YBIB |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 日本マスタートラスト信託銀行株式会社 | Major shareholder | 12.0% | 2026-03-31 |
| 株式会社日本カストディ銀行 | Major shareholder | 6.8% | 2026-03-31 |
| 日本生命保険相互会社 | Major shareholder | 3.1% | 2026-03-31 |
| 株式会社伊予鉄グループ | Major shareholder | 2.4% | 2026-03-31 |
| 明治安田生命保険相互会社 | Major shareholder | 2.1% | 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 | 2.1% | 2026-03-31 |
| 大王海運株式会社 | Major shareholder | 2.1% | 2026-03-31 |
| 住友林業株式会社 | Major shareholder | 2.0% | 2026-03-31 |
| 住友生命保険相互会社 | Major shareholder | 1.9% | 2026-03-31 |
| いよぎんグループ従業員持株会 | Major shareholder | 1.4% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第4期(2025/04/01－2026/03/31) | S100YBIB | 2026-06-16 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YBIB,, |
| 有価証券報告書－第3期(2024/04/01－2025/03/31) | S100W5O4 | 2025-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W5O4,, |
| 有価証券報告書－第2期(2023/04/01－2024/03/31) | S100TWH9 | 2024-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TWH9,, |
| 有価証券報告書－第1期(2022/04/01－2023/03/31) | S100RA5R | 2023-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100RA5R,, |

## 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).