# THE SHIMANE 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176期(2025/04/01－2026/03/31) (S100YHPP)
> Page: https://vizora.meequs.com/en/company/shimane-bank
> Retrieved: 2026-09-30T20:31:20.136Z

## Company

THE Shimane Bank, founded in 1915, is a company in Regional Banks listed on TSE Standard. It has 316 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | THE SHIMANE BANK,LTD. |
| Ticker | 7150 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7150.T) |
| Listing | TSE Standard |
| Head office | 島根県松江市朝日町484番地19 |
| Representative (per filing) | 取締役頭取 長岡 一彦 |
| Founded | May 1915 |
| Employees (consolidated) | 316 |
| Average salary (parent only) | ¥5M |
| Fiscal year end | March |
| Website | www.shimagin.co.jp (https://www.shimagin.co.jp/) |
| Corporate number | 8280001000328 |
| EDINET | E03679 |
| Industries (Vizora) | Regional Banks, Leasing |

> Profile source: annual securities report (S100YHPP, filed 2026-06-23). As of filing

## Key points (generated from figures)

- About 80% of THE Shimane Bank's ordinary revenue comes from Banking, with Leasing making up much of the rest.
- Out of every ¥100 of ordinary revenue, about ¥3 is left as ordinary profit.
- Ordinary revenue changed +18.4% from the prior year, ordinary profit -51.4%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥12.2B |  |
| Ordinary income | ¥417M | Margin 3.4% |
| Net income | ¥370M | Margin 3.0% |
| Employees (consolidated) | 316 |  |
| EPS | ¥27.48 |  |
| Diluted EPS | ¥15.74 |  |
| Book value per share | ¥479.39 |  |
| Equity ratio | 2.2% |  |
| Shares outstanding | 8,416,000 |  |
| Treasury shares | 2,600 |  |
| Shareholders | 5,031 |  |
| Average salary (parent only) | ¥5M | Filing company only |

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥8184000000 | ¥12245000000 | +49.6% |
| Employees | 307 people | 316 people | +2.9% |
| Cash and equivalents | ¥74982000000 | ¥25189000000 | -66.4% |

### 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 | 77.4% |
| リース業 → リース業 | 20.0% |
| リース業 → 事業再編・廃止 | 2.5% |
| その他 → 事業再編・廃止 | 0.0% |
| 新設・再編 → 銀行業 | 2.5% |

Segment revenue source references: 6 (derived)

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 12,245 | 100.0% | S100YHPP |
| Ordinary expenses | 11,827 | 96.6% | S100YHPP |
| Ordinary income | 417 | 3.4% | S100YHPP |
| Extraordinary income | 16 | 0.1% | S100YHPP |
| Extraordinary loss | 8 | 0.1% | S100YHPP |
| Pretax income | 426 | 3.5% | S100YHPP |
| Income tax | 54 | 0.4% | S100YHPP |
| Net income | 371 | 3.0% | S100YHPP |
| Net income attributable to owners | 370 | 3.0% | S100YHPP |

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

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 97 |
| Ordinary income | 3 |
| (Ref.) Net income | 3 |

### Margin funnel

Ordinary margin 3.4% → Net margin 3.0%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue up, profit down
Revenue growth: +18.4%; Core profit growth: -51.4%
Growth quality: revenue-led
Operating leverage (core profit growth ÷ revenue growth): -2.80×
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 | 10,346 | 12,245 | 1,899 | +18.4% |
| Net income attributable to owners | 609 | 370 | -239 | -39.2% |
| Operating cash flow | 18,520 | -4,202 | -22,722 | -122.7% |
| Free cash flow | 17,963 | -4,486 | -22,449 | -125.0% |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 10,197 | — | — | 1,029 | 984 | — | S100MXWA |
| FY ending Mar 2018 | 10,536 | — | — | 633 | -7,252 | — | S100OHL5 |
| FY ending Mar 2019 | 8,577 | — | — | 365 | -16,012 | — | S100R3BI |
| FY ending Mar 2020 | 9,799 | — | — | -2,279 | 31,625 | 31,394 | S100MXWA |
| FY ending Mar 2021 | 8,184 | — | — | 357 | 52,051 | 51,946 | S100OHL5 |
| FY ending Mar 2022 | 8,210 | — | — | 294 | -18,986 | -19,355 | S100R3BI |
| FY ending Mar 2023 | 8,075 | — | — | 418 | -27,555 | -27,917 | S100TV36 |
| FY ending Mar 2024 | 9,203 | — | — | 419 | 6,459 | 6,113 | S100W4CJ |
| FY ending Mar 2025 | 10,346 | — | — | 609 | 18,520 | 17,963 | S100YHPP |
| FY ending Mar 2026 | 12,245 | — | — | 370 | -4,202 | -4,486 | S100YHPP |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥38.8M |
| Net income per employee (consolidated) | ¥1.2M |

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) | 309 | 325 | 316 | 319 | 316 |
| Average salary (parent company) | ¥4.6M | ¥4.5M | ¥4.6M | ¥4.7M | ¥5M |
| Average age (parent company) | 39.2 years | 38.5 years | 38.7 years | 38.2 years | 39.0 years |
| Average tenure (parent company) | 16.5 years | 15.6 years | 15.8 years | 15.4 years | 16.0 years |

Year over year: Employees (consolidated) -0.9% · Revenue (consolidated) +18.4%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Banking | 9,793 | 80.0% | 379 | 3.9% |
| Leasing | 2,451 | 20.0% | 52 | 2.1% |
| Other | 0 | 0.0% | 0 | — |

### 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 | 80.0% |
| Leasing | 20.0% |
| Other | 0.0% |

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 | -4,202 | -34.3% | S100YHPP |
| Capital expenditure | 284 | 2.3% | S100YHPP |
| Free cash flow | -4,486 | -36.6% | 算出 |
| Investing cash flow | -16,537 | -135.1% | S100YHPP |
| Financing cash flow | -199 | -1.6% | S100YHPP |
| Dividends paid | 198 | 1.6% | S100YHPP |
| Share buyback | 0 | 0.0% | S100YHPP |
| Change in cash | -20,939 | -171.0% | S100YHPP |
| Cash and equivalents | 25,189 | 205.7% | S100YHPP |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| ＳＢＩ地銀ホールディングス株式会社 | Major shareholder | 27.4% | 2026-03-31 |
| 中国総合信用株式会社 | Major shareholder | 8.6% | 2026-03-31 |
| 株式会社日本カストディ銀行(信託口) | Major shareholder | 7.1% | 2026-03-31 |
| 株式会社西京銀行 | Major shareholder | 3.3% | 2026-03-31 |
| 株式会社シノケングループ | Major shareholder | 3.3% | 2026-03-31 |
| 島根銀行職員持株会 | Major shareholder | 2.5% | 2026-03-31 |
| 株式会社トマト銀行 | Major shareholder | 1.9% | 2026-03-31 |
| 松江土建株式会社 | Major shareholder | 1.4% | 2026-03-31 |
| 山陰ケーブルビジョン株式会社 | Major shareholder | 1.3% | 2026-03-31 |
| 八幡東栄エステート株式会社 | Major shareholder | 1.3% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第176期(2025/04/01－2026/03/31) | S100YHPP | 2026-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YHPP,, |
| 有価証券報告書－第175期(2024/04/01－2025/03/31) | S100W4CJ | 2025-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W4CJ,, |
| 有価証券報告書－第174期(2023/04/01－2024/03/31) | S100TV36 | 2024-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TV36,, |
| 有価証券報告書－第173期(2022/04/01－2023/03/31) | S100R3BI | 2023-06-26 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R3BI,, |
| 有価証券報告書－第172期(令和3年4月1日－令和4年3月31日) | S100OHL5 | 2022-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OHL5,, |
| 訂正有価証券報告書－第171期(令和2年4月1日－令和3年3月31日) | S100MXWA | 2021-11-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100MXWA,, |

## 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).