# THE SHIGA 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139期(2025/04/01－2026/03/31) (S100YBKA)
> Page: https://vizora.meequs.com/en/company/shiga-bank
> Retrieved: 2026-09-30T21:46:53.876Z

## Company

THE Shiga Bank, founded in 1933, is a company in Regional Banks listed on TSE Prime. It has 2,243 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | THE SHIGA BANK,LTD. |
| Ticker | 8366 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/8366.T) |
| Listing | TSE Prime |
| Head office | 滋賀県大津市浜町1番38号 |
| Representative (per filing) | 取締役頭取 久保田 真也 |
| Founded | Oct 1933 |
| Employees (consolidated) | 2,243 |
| Average salary (parent only) | ¥7.3M |
| Fiscal year end | March |
| Website | www.shigagin.com (https://www.shigagin.com/) |
| Corporate number | 6160001000993 |
| EDINET | E03575 |
| Industries (Vizora) | Regional Banks |

> Profile source: annual securities report (S100YBKA, filed 2026-06-17). As of filing

## Key points (generated from figures)

- THE Shiga Bank brought in ¥159.1B in ordinary revenue.
- Out of every ¥100 of ordinary revenue, about ¥18 is left as ordinary profit.
- Ordinary revenue changed +19.5% from the prior year, ordinary profit +53.2%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥159.1B |  |
| Ordinary income | ¥29B | Margin 18.3% |
| Net income | ¥21.3B | Margin 13.4% |
| Employees (consolidated) | 2,243 |  |
| EPS | ¥92.91 |  |
| Book value per share | ¥2097.73 |  |
| Equity ratio | 6.6% |  |
| Shares outstanding | 48,090,000 |  |
| Treasury shares | 2,114,200 |  |
| Shareholders | 11,131 |  |
| Average salary (parent only) | ¥7.3M | Filing company only |

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥85715000000 | ¥159056000000 | +85.6% |
| Employees | 2,286 people | 2,243 people | -1.9% |
| Cash and equivalents | ¥2012295000000 | ¥1010649000000 | -49.8% |

### 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.

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 159,056 | 100.0% | S100YBKA |
| Ordinary expenses | 130,025 | 81.7% | S100YBKA |
| Ordinary income | 29,031 | 18.3% | S100YBKA |
| Extraordinary income | 68 | 0.0% | S100YBKA |
| Extraordinary loss | 127 | 0.1% | S100YBKA |
| Pretax income | 28,971 | 18.2% | S100YBKA |
| Income tax | 7,677 | 4.8% | S100YBKA |
| Net income | 21,293 | 13.4% | S100YBKA |
| Net income attributable to owners | 21,293 | 13.4% | S100YBKA |

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

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 82 |
| Ordinary income | 18 |
| (Ref.) Net income | 13 |

### Margin funnel

Ordinary margin 18.3% → Net margin 13.4%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +19.5%; Core profit growth: +53.2%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 2.73×
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 | 133,109 | 159,056 | 25,947 | +19.5% |
| Net income attributable to owners | 18,720 | 21,293 | 2,573 | +13.7% |
| Operating cash flow | -405,676 | 2,357 | 408,033 | — |
| Free cash flow | -416,281 | -4,326 | 411,955 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 90,151 | — | — | 14,895 | 286,223 | — | S100LH8M |
| FY ending Mar 2018 | 89,733 | — | — | 13,884 | 126,831 | — | S100O6YR |
| FY ending Mar 2019 | 98,558 | — | — | 14,681 | 89,967 | — | S100SBG2 |
| FY ending Mar 2020 | 88,871 | — | — | 12,412 | 131,260 | 129,522 | S100LH8M |
| FY ending Mar 2021 | 85,715 | — | — | 11,448 | 1,240,417 | 1,238,660 | S100O6YR |
| FY ending Mar 2022 | 98,306 | — | — | 17,715 | -278,958 | -284,069 | S100SBG2 |
| FY ending Mar 2023 | 115,289 | — | — | 14,858 | -483,433 | -488,517 | S100TKQK |
| FY ending Mar 2024 | 122,630 | — | — | 15,940 | 453,292 | 452,110 | S100VY59 |
| FY ending Mar 2025 | 133,109 | — | — | 18,720 | -405,676 | -416,281 | S100YBKA |
| FY ending Mar 2026 | 159,056 | — | — | 21,293 | 2,357 | -4,326 | S100YBKA |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥70.9M |
| Net income per employee (consolidated) | ¥9.5M |

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) | 2,271 | 2,198 | 2,154 | 2,171 | 2,243 |
| Average salary (parent company) | ¥6.4M | ¥6.7M | ¥6.8M | ¥6.9M | ¥7.3M |
| Average age (parent company) | 37.4 years | 37.8 years | 38.2 years | 37.9 years | 37.7 years |
| Average tenure (parent company) | 14.6 years | 15.0 years | 15.3 years | 15.0 years | 14.7 years |

Year over year: Employees (consolidated) +3.3% · Revenue (consolidated) +19.5%

## 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 | 2,357 | 1.5% | S100YBKA |
| Capital expenditure | 6,683 | 4.2% | S100YBKA |
| Free cash flow | -4,326 | -2.7% | 算出 |
| Investing cash flow | 117,463 | 73.9% | S100YBKA |
| Financing cash flow | -7,593 | -4.8% | S100YBKA |
| Dividends paid | 5,081 | 3.2% | S100YBKA |
| Share buyback | 2,511 | 1.6% | S100YBKA |
| Change in cash | 112,227 | 70.6% | S100YBKA |
| Cash and equivalents | 1,010,649 | 635.4% | S100YBKA |

## 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 | 8.9% | 2026-03-31 |
| ARIAKE MASTER FUNDDIRECTOR TAKANO SHIGERU(常任代理人 立花証券株式会社) | Major shareholder | 5.8% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 4.8% | 2026-03-31 |
| 日本生命保険相互会社 | Major shareholder | 3.5% | 2026-03-31 |
| 明治安田生命保険相互会社 | Major shareholder | 3.5% | 2026-03-31 |
| STATE STREET BANK AND TRUST COMPANY 505103（常任代理人 株式会社みずほ銀行 決済営業部） | Major shareholder | 2.5% | 2026-03-31 |
| 滋賀銀行従業員持株会 | Major shareholder | 2.2% | 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 |
| 損害保険ジャパン株式会社 | Major shareholder | 1.8% | 2026-03-31 |
| CEPLUX-THE INDEPENDENT UCITSPLATFORM 2 (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 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第139期(2025/04/01－2026/03/31) | S100YBKA | 2026-06-17 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YBKA,, |
| 有価証券報告書－第138期(2024/04/01－2025/03/31) | S100VY59 | 2025-06-18 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100VY59,, |
| 有価証券報告書－第137期(2023/04/01－2024/03/31) | S100TKQK | 2024-06-11 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TKQK,, |
| 訂正有価証券報告書－第136期(2022/04/01－2023/03/31) | S100SBG2 | 2023-11-22 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100SBG2,, |
| 有価証券報告書－第135期(令和3年4月1日－令和4年3月31日) | S100O6YR | 2022-06-09 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100O6YR,, |
| 有価証券報告書－第134期(令和2年4月1日－令和3年3月31日) | S100LH8M | 2021-06-10 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LH8M,, |

## 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).