# The Nanto 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138期(2025/04/01－2026/03/31) (S100YEBM)
> Page: https://vizora.meequs.com/en/company/nanto-bank
> Retrieved: 2026-09-30T23:27:10.025Z

## Company

The Nanto Bank, founded in 1934, is a company in Regional Banks listed on TSE Prime. It has 2,352 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | The Nanto Bank,Ltd. |
| Ticker | 8367 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/8367.T) |
| Listing | TSE Prime |
| Head office | 奈良市大宮町四丁目297番地の2 |
| Representative (per filing) | 取締役頭取 石田諭 |
| Founded | Jun 1934 |
| Employees (consolidated) | 2,352 |
| Average salary (parent only) | ¥7.2M |
| Fiscal year end | March |
| Website | www.nantobank.co.jp (https://www.nantobank.co.jp/) |
| Corporate number | 5150001001622 |
| EDINET | E03580 |
| Industries (Vizora) | Regional Banks, Securities & Asset Management, Credit Cards & Consumer Credit, Leasing |

> Profile source: annual securities report (S100YEBM, filed 2026-06-19). As of filing

## Key points (generated from figures)

- About 86% of The Nanto 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 ¥21 is left as ordinary profit.
- Ordinary revenue changed +12.2% from the prior year, ordinary profit +26.2%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥115.7B |  |
| Ordinary income | ¥24.8B | Margin 21.5% |
| Net income | ¥17.1B | Margin 14.8% |
| Employees (consolidated) | 2,352 |  |
| EPS | ¥105.2 |  |
| Book value per share | ¥1825.27 |  |
| Equity ratio | 4.5% |  |
| Shares outstanding | 33,025,000 |  |
| Treasury shares | 1,224,800 |  |
| Shareholders | 14,822 |  |
| Average salary (parent only) | ¥7.2M | Filing company only |

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥81227000000 | ¥115665000000 | +42.4% |
| Employees | 2,497 people | 2,352 people | -5.8% |
| Cash and equivalents | ¥1188367000000 | ¥433817000000 | -63.5% |

### 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 |
| --- | ---: |
| 銀行業務 → 銀行業務 | 85.9% |
| リース業務 → リース業務 | 10.3% |
| リース業務 → 事業再編・廃止 | 0.2% |
| その他 → その他 | 3.2% |
| その他 → 事業再編・廃止 | 0.4% |
| 新設・再編 → 銀行業務 | 0.6% |

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 | +7.5% | ¥99936000000 | 23.7% | 2 |
| Leasing | 5 years | +7.0% | ¥11897000000 | 0.6% | 2 |
| Other | 5 years | +4.6% | ¥3701000000 | 47.7% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 115,665 | 100.0% | S100YEBM |
| Ordinary expenses | 90,845 | 78.5% | S100YEBM |
| Ordinary income | 24,820 | 21.5% | S100YEBM |
| Extraordinary income | 53 | 0.0% | S100YEBM |
| Extraordinary loss | 166 | 0.1% | S100YEBM |
| Pretax income | 24,706 | 21.4% | S100YEBM |
| Income tax | 7,644 | 6.6% | S100YEBM |
| Net income | 17,062 | 14.8% | S100YEBM |
| Net income attributable to owners | 17,062 | 14.8% | S100YEBM |

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

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 79 |
| Ordinary income | 21 |
| (Ref.) Net income | 15 |

### Margin funnel

Ordinary margin 21.5% → Net margin 14.8%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +12.2%; Core profit growth: +26.2%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 2.14×
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 | 103,085 | 115,665 | 12,580 | +12.2% |
| Net income attributable to owners | 13,510 | 17,062 | 3,552 | +26.3% |
| Operating cash flow | -167,901 | -436,211 | -268,310 | — |
| Free cash flow | -179,638 | -443,244 | -263,606 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 81,161 | — | — | 12,508 | 250,315 | — | S100LUYS |
| FY ending Mar 2018 | 79,908 | — | — | 13,166 | -77,157 | — | S100OLZV |
| FY ending Mar 2019 | 81,597 | — | — | 11,185 | -88,979 | — | S100R9RV |
| FY ending Mar 2020 | 81,066 | — | — | 3,179 | -153,289 | -157,454 | S100LUYS |
| FY ending Mar 2021 | 81,227 | — | — | 10,861 | 532,079 | 530,227 | S100OLZV |
| FY ending Mar 2022 | 77,531 | — | — | 11,867 | 367,581 | 364,619 | S100R9RV |
| FY ending Mar 2023 | 77,748 | — | — | 4,731 | -513,864 | -520,154 | S100TXF7 |
| FY ending Mar 2024 | 85,736 | — | — | 12,037 | -26,104 | -30,979 | S100W4FP |
| FY ending Mar 2025 | 103,085 | — | — | 13,510 | -167,901 | -179,638 | S100YEBM |
| FY ending Mar 2026 | 115,665 | — | — | 17,062 | -436,211 | -443,244 | S100YEBM |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥49.2M |
| Net income per employee (consolidated) | ¥7.3M |

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) | 2,424 | 2,368 | 2,336 | 2,338 | 2,352 |
| Average salary (parent company) | ¥6.6M | ¥6.7M | ¥6.8M | ¥7.2M | ¥7.2M |
| Average age (parent company) | 39.9 years | 40.3 years | 40.1 years | 40.0 years | 39.1 years |
| Average tenure (parent company) | 17.4 years | 17.7 years | 17.6 years | 17.2 years | 16.5 years |

Year over year: Employees (consolidated) +0.6% · Revenue (consolidated) +12.2%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Banking | 99,936 | 86.5% | 23,721 | 23.7% |
| Leasing | 11,897 | 10.3% | 67 | 0.6% |
| Other | 3,701 | 3.2% | 1,766 | 47.7% |

### 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 | 86.5% |
| Leasing | 10.3% |
| Other | 3.2% |

Segment → industry: Banking → Regional Banks / Other → Securities & Asset Management / 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 | -436,211 | -377.1% | S100YEBM |
| Capital expenditure | 7,033 | 6.1% | S100YEBM |
| Free cash flow | -443,244 | -383.2% | 算出 |
| Investing cash flow | 199,871 | 172.8% | S100YEBM |
| Financing cash flow | -6,473 | -5.6% | S100YEBM |
| Dividends paid | 6,482 | 5.6% | S100YEBM |
| Share buyback | 1,007 | 0.9% | S100YEBM |
| Change in cash | -242,813 | -209.9% | S100YEBM |
| Cash and equivalents | 433,817 | 375.1% | S100YEBM |

## 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 | 11.7% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 5.2% | 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 | 3.3% | 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 | 3.3% | 2026-03-31 |
| 南都銀行従業員持株会 | Major shareholder | 2.5% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505223（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 |
| 住友生命保険相互会社（常任代理人 株式会社日本カストディ銀行） | Major shareholder | 2.1% | 2026-03-31 |
| RE FUND 107－CLIENT AC （常任代理人 シティバンク、 エヌ・エイ東京支店) | Major shareholder | 1.7% | 2026-03-31 |
| 大和ガス株式会社 | Major shareholder | 1.5% | 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 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第138期(2025/04/01－2026/03/31) | S100YEBM | 2026-06-19 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YEBM,, |
| 有価証券報告書－第137期(2024/04/01－2025/03/31) | S100W4FP | 2025-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W4FP,, |
| 有価証券報告書－第136期(2023/04/01－2024/03/31) | S100TXF7 | 2024-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TXF7,, |
| 有価証券報告書－第135期(2022/04/01－2023/03/31) | S100R9RV | 2023-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R9RV,, |
| 有価証券報告書－第134期(令和3年4月1日－令和4年3月31日) | S100OLZV | 2022-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OLZV,, |
| 有価証券報告書－第133期(令和2年4月1日－令和3年3月31日) | S100LUYS | 2021-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LUYS,, |

## 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).