# Seven 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25期(2025/04/01－2026/03/31) (S100YC1N)
> Page: https://vizora.meequs.com/en/company/seven-bank
> Retrieved: 2026-09-30T21:59:37.433Z

## Company

Seven Bank, founded in 2001, is a company in Online & Retail-Affiliated Banks listed on TSE Prime. It has 1,393 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Seven Bank, Ltd. |
| Ticker | 8410 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/8410.T) |
| Listing | TSE Prime |
| Head office | 東京都千代田区丸の内一丁目6番1号 |
| Representative (per filing) | 代表取締役社長 松橋 正明 |
| Founded | Apr 2001 |
| Employees (consolidated) | 1,393 |
| Average salary (parent only) | ¥7.7M |
| Fiscal year end | March |
| Website | www.sevenbank.co.jp (https://www.sevenbank.co.jp/) |
| Corporate number | 5010001073618 |
| EDINET | E03623 |
| Industries (Vizora) | Online & Retail-Affiliated Banks, Credit Cards & Consumer Credit, Cashless Payments |

> Profile source: annual securities report (S100YC1N, filed 2026-06-17). As of filing

## Key points (generated from figures)

- About 66% of Seven Bank's ordinary revenue comes from Domestic Business (Banking business,other ), with Overseas Business and Credit Card and Electronic Money Buisiness making up much of the rest.
- Out of every ¥100 of ordinary revenue, about ¥14 is left as ordinary profit.
- Ordinary revenue changed +2.6% from the prior year, ordinary profit -0.4%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥220B |  |
| Ordinary income | ¥30.2B | Margin 13.7% |
| Net income | ¥13.5B | Margin 6.1% |
| Employees (consolidated) | 1,393 |  |
| EPS | ¥16.23 |  |
| Book value per share | ¥222.37 |  |
| Equity ratio | 18.1% |  |
| Shares outstanding | 1,179,308,000 |  |
| Treasury shares | 6,122,700 |  |
| Shareholders | 225,962 |  |
| Average salary (parent only) | ¥7.7M | Filing company only |

## Notable figures

- FY2026, operating cash flow is 6.2× net income
- FY2026, buybacks were 4.3× dividends

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥137267000000 | ¥220025000000 | +60.3% |
| Employees | 809 people | 1,393 people | +72.2% |
| Cash and equivalents | ¥937945000000 | ¥892764000000 | -4.8% |

### 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 |
| --- | ---: |
| 国内事業 → 事業再編・廃止 | 82.1% |
| 海外事業 → 海外事業 | 17.9% |
| 新設・再編 → 国内事業（銀行業その他） | 66.3% |
| 新設・再編 → クレジットカード・電子マネー事業 | 13.9% |
| 新設・再編 → 海外事業 | 1.9% |

Segment revenue source references: 5 (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 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Domestic Business (Banking business,other ) | 3 years | +5.8% | ¥145846000000 | 18.6% | 2 |
| Overseas Business | 5 years | +12.1% | ¥43602000000 | 8.2% | 2 |
| Credit Card and Electronic Money Buisiness | 2 years | +6.8% | ¥30577000000 | -1.9% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 220,025 | 100.0% | S100YC1N |
| Ordinary expenses | 189,860 | 86.3% | S100YC1N |
| Ordinary income | 30,165 | 13.7% | S100YC1N |
| Extraordinary income | 2 | 0.0% | S100YC1N |
| Extraordinary loss | 8,701 | 4.0% | S100YC1N |
| Pretax income | 21,466 | 9.8% | S100YC1N |
| Income tax | 7,926 | 3.6% | S100YC1N |
| Net income | 13,539 | 6.2% | S100YC1N |
| Net income attributable to owners | 13,476 | 6.1% | S100YC1N |

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

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 86 |
| Ordinary income | 14 |
| (Ref.) Net income | 6 |

### Margin funnel

Ordinary margin 13.7% → Net margin 6.1%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue up, profit down
Revenue growth: +2.6%; Core profit growth: -0.4%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): -0.16×
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 | 214,408 | 220,025 | 5,617 | +2.6% |
| Net income attributable to owners | 18,221 | 13,476 | -4,745 | -26.0% |
| Operating cash flow | -38,869 | 83,930 | 122,799 | — |
| Free cash flow | -83,931 | 57,656 | 141,587 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 121,608 | — | — | 25,114 | 88,118 | — | S100LKHD |
| FY ending Mar 2018 | 127,656 | — | — | 25,301 | 31,466 | — | S100PVZG |
| FY ending Mar 2019 | 147,288 | — | — | 13,236 | 117,471 | — | S100QYPL |
| FY ending Mar 2020 | 148,553 | — | — | 26,162 | 89,619 | 73,972 | S100LKHD |
| FY ending Mar 2021 | 137,267 | — | — | 25,905 | 136,039 | 110,795 | S100PVZG |
| FY ending Mar 2022 | 136,667 | — | — | 20,827 | 41,311 | 17,026 | S100QYPL |
| FY ending Mar 2023 | 154,984 | — | — | 18,854 | 66,577 | 41,258 | S100TMDS |
| FY ending Mar 2024 | 197,877 | — | — | 31,970 | 100,751 | 61,478 | S100VY5C |
| FY ending Mar 2025 | 214,408 | — | — | 18,221 | -38,869 | -83,931 | S100YC1N |
| FY ending Mar 2026 | 220,025 | — | — | 13,476 | 83,930 | 57,656 | S100YC1N |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥158M |
| Net income per employee (consolidated) | ¥9.7M |

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) | 911 | 1,016 | 1,301 | 1,398 | 1,393 |
| Average salary (parent company) | ¥7.1M | ¥7M | ¥7M | ¥6.9M | ¥7.7M |
| Average age (parent company) | 42.1 years | 41.4 years | 41.1 years | 41.2 years | 41.1 years |
| Average tenure (parent company) | 7.8 years | 7.6 years | 7.2 years | 7.2 years | 7.4 years |

Year over year: Employees (consolidated) -0.4% · Revenue (consolidated) +2.6%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Domestic Business (Banking business,other ) | 145,846 | 66.3% | 27,172 | 18.6% |
| Credit Card and Electronic Money Buisiness | 30,577 | 13.9% | -592 | -1.9% |
| Overseas Business | 43,602 | 19.8% | 3,583 | 8.2% |

### 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 |
| --- | ---: |
| Domestic Business (Banking business,other ) | 66.3% |
| Credit Card and Electronic Money Buisiness | 13.9% |
| Overseas Business | 19.8% |

Segment → industry: Overseas Business → Online & Retail-Affiliated Banks / Domestic Business (Banking business,other ) → Online & Retail-Affiliated Banks / Credit Card and Electronic Money Buisiness → Credit Cards & Consumer Credit / Credit Card and Electronic Money Buisiness → Cashless Payments

## 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 | 83,930 | 38.1% | S100YC1N |
| Capital expenditure | 26,274 | 11.9% | S100YC1N |
| Free cash flow | 57,656 | 26.2% | 算出 |
| Investing cash flow | -71,453 | -32.5% | S100YC1N |
| Financing cash flow | -11,652 | -5.3% | S100YC1N |
| Dividends paid | 11,862 | 5.4% | S100YC1N |
| Share buyback | 50,824 | 23.1% | S100YC1N |
| Change in cash | 137 | 0.1% | S100YC1N |
| Cash and equivalents | 892,764 | 405.8% | S100YC1N |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 株式会社セブン‐イレブン・ジャパン | Major shareholder | 33.4% | 2026-03-31 |
| 伊藤忠商事株式会社 | Major shareholder | 20.4% | 2026-03-31 |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 6.3% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 1.7% | 2026-03-31 |
| ＤＥＵＴＳＣＨＥ ＢＡＮＫ ＡＧ， ＳＩＮＧＡＰＯＲＥ Ａ／Ｃ ＣＬＩＥＮＴＳ （ＴＲＥＡＴＹ） ４６００６０１（常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 1.1% | 2026-03-31 |
| 株式会社野村総合研究所 | Major shareholder | 0.9% | 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 | 0.7% | 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 | 0.7% | 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 | 0.5% | 2026-03-31 |
| ＡＬＳＯＫ株式会社 | Major shareholder | 0.4% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第25期(2025/04/01－2026/03/31) | S100YC1N | 2026-06-17 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YC1N,, |
| 有価証券報告書－第24期(2024/04/01－2025/03/31) | S100VY5C | 2025-06-18 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100VY5C,, |
| 有価証券報告書－第23期(2023/04/01－2024/03/31) | S100TMDS | 2024-06-18 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TMDS,, |
| 有価証券報告書－第22期(2022/04/01－2023/03/31) | S100QYPL | 2023-06-20 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100QYPL,, |
| 訂正有価証券報告書－第21期(令和3年4月1日－令和4年3月31日) | S100PVZG | 2022-12-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100PVZG,, |
| 有価証券報告書－第20期(令和2年4月1日－令和3年3月31日) | S100LKHD | 2021-06-22 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LKHD,, |

## 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).