# The Kita-Nippon 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122期(2025/04/01－2026/03/31) (S100Y8FP)
> Page: https://vizora.meequs.com/en/company/kita-nippon-bank
> Retrieved: 2026-09-30T19:58:26.943Z

## Company

The Kita-Nippon Bank, founded in 1942, is a company in Regional Banks listed on TSE Prime. It has 771 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | The Kita-Nippon Bank,Ltd. |
| Ticker | 8551 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/8551.T) |
| Listing | TSE Prime |
| Head office | 岩手県盛岡市中央通一丁目6番7号 |
| Representative (per filing) | 取締役頭取 石塚恭路 |
| Founded | Feb 1942 |
| Employees (consolidated) | 771 |
| Average salary (parent only) | ¥5.9M |
| Fiscal year end | March |
| Website | www.kitagin.co.jp (https://www.kitagin.co.jp/) |
| Corporate number | 8400001001882 |
| EDINET | E03634 |
| Industries (Vizora) | Regional Banks, Credit Cards & Consumer Credit, Leasing, Investment Funds |

> Profile source: annual securities report (S100Y8FP, filed 2026-06-19). As of filing

## Key points (generated from figures)

- About 88% of The Kita-Nippon Bank's ordinary revenue comes from Banking, with Leasing and CreditCardCreditGuarantee making up much of the rest.
- Out of every ¥100 of ordinary revenue, about ¥21 is left as ordinary profit.
- Ordinary revenue changed +14.8% from the prior year, ordinary profit +13.7%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥30.3B |  |
| Ordinary income | ¥6.34B | Margin 20.9% |
| Net income | ¥4.36B | Margin 14.4% |
| Employees (consolidated) | 771 |  |
| EPS | ¥512.69 |  |
| Diluted EPS | ¥511.82 |  |
| Book value per share | ¥11067.17 |  |
| Equity ratio | 6.1% |  |
| Shares outstanding | 8,443,000 |  |
| Treasury shares | 251,100 |  |
| Shareholders | 10,922 |  |
| Average salary (parent only) | ¥5.9M | Filing company only |

## Notable figures

- FY2026, operating cash flow is 4.6× net income

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥22412000000 | ¥30308000000 | +35.2% |
| Employees | 853 people | 771 people | -9.6% |
| Cash and equivalents | ¥314834000000 | ¥123049000000 | -60.9% |

### 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 | 82.7% |
| リース業 → リース業 | 11.2% |
| リース業 → 事業再編・廃止 | 5.3% |
| クレジットカード業・信用保証業 → クレジットカード業・信用保証業 | 0.5% |
| クレジットカード業・信用保証業 → 事業再編・廃止 | 0.3% |
| 新設・再編 → 銀行業 | 5.6% |
| 新設・再編 → その他 | 0.0% |

Segment revenue source references: 7 (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 | +7.6% | ¥26737000000 | 22.8% | 2 |
| Leasing | 5 years | -1.7% | ¥3408000000 | 4.6% | 2 |
| CreditCardCreditGuarantee | 5 years | -2.6% | ¥150000000 | 120.7% | 2 |
| Other | — | — | ¥11000000 | -45.5% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 30,308 | 100.0% | S100Y8FP |
| Ordinary expenses | 23,964 | 79.1% | S100Y8FP |
| Ordinary income | 6,343 | 20.9% | S100Y8FP |
| Extraordinary income | 11 | 0.0% | S100Y8FP |
| Extraordinary loss | 136 | 0.4% | S100Y8FP |
| Pretax income | 6,218 | 20.5% | S100Y8FP |
| Income tax | 1,855 | 6.1% | S100Y8FP |
| Net income | 4,363 | 14.4% | S100Y8FP |
| Net income attributable to owners | 4,363 | 14.4% | S100Y8FP |

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

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 79 |
| Ordinary income | 21 |
| (Ref.) Net income | 14 |

### Margin funnel

Ordinary margin 20.9% → Net margin 14.4%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +14.8%; Core profit growth: +13.7%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): 0.93×
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 | 26,396 | 30,308 | 3,912 | +14.8% |
| Net income attributable to owners | 4,011 | 4,363 | 352 | +8.8% |
| Operating cash flow | -17,070 | 19,895 | 36,965 | — |
| Free cash flow | -17,861 | 17,863 | 35,724 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 23,953 | — | — | 2,724 | -32,947 | — | S100LIHJ |
| FY ending Mar 2018 | 25,663 | — | — | 1,622 | -39,403 | — | S100O728 |
| FY ending Mar 2019 | 21,771 | — | — | 1,304 | -8,379 | — | S100QXZ1 |
| FY ending Mar 2020 | 21,694 | — | — | 1,291 | -23,549 | -24,008 | S100LIHJ |
| FY ending Mar 2021 | 22,412 | — | — | 1,522 | 213,670 | 213,038 | S100O728 |
| FY ending Mar 2022 | 23,142 | — | — | 2,111 | -30,530 | -31,397 | S100QXZ1 |
| FY ending Mar 2023 | 23,638 | — | — | 2,659 | -210,951 | -212,030 | S100TMW9 |
| FY ending Mar 2024 | 29,017 | — | — | 3,073 | -27,356 | -28,568 | S100VVE5 |
| FY ending Mar 2025 | 26,396 | — | — | 4,011 | -17,070 | -17,861 | S100Y8FP |
| FY ending Mar 2026 | 30,308 | — | — | 4,363 | 19,895 | 17,863 | S100Y8FP |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥39.3M |
| Net income per employee (consolidated) | ¥5.7M |

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) | 833 | 812 | 773 | 781 | 771 |
| Average salary (parent company) | ¥5.1M | ¥5.3M | ¥5.6M | ¥5.7M | ¥5.9M |
| Average age (parent company) | 40.0 years | 39.0 years | 40.0 years | 40.0 years | 40.0 years |
| Average tenure (parent company) | 17.0 years | 17.0 years | 17.0 years | 17.0 years | 17.0 years |

Year over year: Employees (consolidated) -1.3% · Revenue (consolidated) +14.8%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Banking | 26,737 | 88.2% | 6,098 | 22.8% |
| Leasing | 3,408 | 11.2% | 156 | 4.6% |
| CreditCardCreditGuarantee | 150 | 0.5% | 181 | 120.7% |
| Other | 11 | 0.0% | -5 | -45.5% |

### 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 | 88.2% |
| Leasing | 11.2% |
| CreditCardCreditGuarantee | 0.5% |
| Other | 0.0% |

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

## 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 | 19,895 | 65.6% | S100Y8FP |
| Capital expenditure | 2,032 | 6.7% | S100Y8FP |
| Free cash flow | 17,863 | 58.9% | 算出 |
| Investing cash flow | -5,012 | -16.5% | S100Y8FP |
| Financing cash flow | -1,699 | -5.6% | S100Y8FP |
| Dividends paid | 1,196 | 3.9% | S100Y8FP |
| Share buyback | 502 | 1.7% | S100Y8FP |
| Change in cash | 13,183 | 43.5% | S100Y8FP |
| Cash and equivalents | 123,049 | 406.0% | S100Y8FP |

## 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 | 8.4% | 2026-03-31 |
| 明治安田生命保険相互会社 | Major shareholder | 4.5% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 3.8% | 2026-03-31 |
| 北日本銀行従業員持株会 | Major shareholder | 2.4% | 2026-03-31 |
| 住友生命保険相互会社 | Major shareholder | 1.7% | 2026-03-31 |
| SMBC日興証券株式会社 | Major shareholder | 1.5% | 2026-03-31 |
| 株式会社十文字チキンカンパニー | Major shareholder | 1.2% | 2026-03-31 |
| カメイ株式会社 | Major shareholder | 1.1% | 2026-03-31 |
| 株式会社みずほ銀行 | Major shareholder | 0.9% | 2026-03-31 |
| 株式会社日立製作所 | Major shareholder | 0.9% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第122期(2025/04/01－2026/03/31) | S100Y8FP | 2026-06-19 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Y8FP,, |
| 有価証券報告書－第121期(2024/04/01－2025/03/31) | S100VVE5 | 2025-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100VVE5,, |
| 有価証券報告書－第120期(2023/04/01－2024/03/31) | S100TMW9 | 2024-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TMW9,, |
| 有価証券報告書－第119期(2022/04/01－2023/03/31) | S100QXZ1 | 2023-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100QXZ1,, |
| 有価証券報告書－第118期(令和3年4月1日－令和4年3月31日) | S100O728 | 2022-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100O728,, |
| 有価証券報告書－第117期(令和2年4月1日－令和3年3月31日) | S100LIHJ | 2021-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LIHJ,, |

## 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).