# Tokyo Kiraboshi Financial Group, Inc.: 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12期(2025/04/01－2026/03/31) (S100YBHI)
> Page: https://vizora.meequs.com/en/company/tokyo-kiraboshi-financial-group
> Retrieved: 2026-10-01T03:28:17.530Z

## Company

Tokyo Kiraboshi Financial Group, founded in 2014, is a company in Regional Banks listed on TSE Prime. It has 2,744 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Tokyo Kiraboshi Financial Group, Inc. |
| Ticker | 7173 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7173.T) |
| Listing | TSE Prime |
| Head office | 東京都港区南青山三丁目10番43号 |
| Representative (per filing) | 代表取締役社長 渡邊 壽信 |
| Founded | Jun 2014 |
| Employees (consolidated) | 2,744 |
| Average salary (parent only) | ¥8.8M |
| Fiscal year end | March |
| Website | www.tokyo-kiraboshifg.co.jp (https://www.tokyo-kiraboshifg.co.jp/) |
| Corporate number | 9011101071326 |
| EDINET | E30746 |
| Industries (Vizora) | Regional Banks, Leasing |

> Profile source: annual securities report (S100YBHI, filed 2026-06-15). As of filing

## Key points (generated from figures)

- About 81% of Tokyo Kiraboshi Financial Group's ordinary revenue comes from Bank segment, with Other and Lease segment making up much of the rest.
- Out of every ¥100 of ordinary revenue, about ¥30 is left as ordinary profit.
- Ordinary revenue changed +23.9% from the prior year, ordinary profit +45.2%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥199.3B |  |
| Ordinary income | ¥60.5B | Margin 30.4% |
| Net income | ¥42.4B | Margin 21.3% |
| Employees (consolidated) | 2,744 |  |
| EPS | ¥175.17 |  |
| Diluted EPS | ¥143.44 |  |
| Book value per share | ¥4927.34 |  |
| Equity ratio | 5.8% |  |
| Shares outstanding | 30,650,000 |  |
| Treasury shares | 169,800 |  |
| Shareholders | 11,084 |  |
| Average salary (parent only) | ¥8.8M | Filing company only |

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥93352000000 | ¥199262000000 | +113.5% |
| Employees | 2,830 people | 2,744 people | -3.0% |
| Cash and equivalents | ¥753492000000 | ¥823593000000 | +9.3% |

### 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 | 81.3% |
| 銀行業 → 事業再編・廃止 | 5.4% |
| リース業 → リース業 | 7.9% |
| リース業 → 事業再編・廃止 | 3.3% |
| その他 → その他 | 2.0% |
| 新設・再編 → その他 | 8.8% |

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 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Bank segment | 5 years | +14.5% | ¥162069000000 | 35.5% | 2 |
| Other | 5 years | +62.7% | ¥21447000000 | 58.5% | 2 |
| Lease segment | 5 years | +8.1% | ¥15843000000 | 3.0% | 2 |

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 199,262 | 100.0% | S100YBHI |
| Ordinary expenses | 138,783 | 69.6% | S100YBHI |
| Ordinary income | 60,478 | 30.4% | S100YBHI |
| Extraordinary income | 505 | 0.3% | S100YBHI |
| Extraordinary loss | 136 | 0.1% | S100YBHI |
| Pretax income | 60,848 | 30.5% | S100YBHI |
| Income tax | 18,481 | 9.3% | S100YBHI |
| Net income | 42,366 | 21.3% | S100YBHI |
| Net income attributable to owners | 42,357 | 21.3% | S100YBHI |

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

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 70 |
| Ordinary income | 30 |
| (Ref.) Net income | 21 |

### Margin funnel

Ordinary margin 30.4% → Net margin 21.3%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +23.9%; Core profit growth: +45.2%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 1.89×
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 | 160,872 | 199,262 | 38,390 | +23.9% |
| Net income attributable to owners | 31,361 | 42,357 | 10,996 | +35.1% |
| Operating cash flow | -237,377 | -137,813 | 99,564 | — |
| Free cash flow | -243,807 | -146,022 | 97,785 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 83,092 | — | — | 25,535 | -4,276 | — | S100M5Y4 |
| FY ending Mar 2018 | 82,616 | — | — | 3,677 | -161,531 | — | S100OC1J |
| FY ending Mar 2019 | 78,777 | — | — | 4,914 | -106,587 | — | S100SFAJ |
| FY ending Mar 2020 | 94,031 | — | — | 7,657 | 25,433 | 22,383 | S100M5Y4 |
| FY ending Mar 2021 | 93,352 | — | — | 4,161 | 232,544 | 225,863 | S100OC1J |
| FY ending Mar 2022 | 108,348 | — | — | 18,183 | 67,478 | 60,825 | S100SFAJ |
| FY ending Mar 2023 | 125,291 | — | — | 21,150 | -38,142 | -46,905 | S100TQ1S |
| FY ending Mar 2024 | 138,331 | — | — | 25,652 | 288,195 | 274,771 | S100XP1Y |
| FY ending Mar 2025 | 160,872 | — | — | 31,361 | -237,377 | -243,807 | S100YBHI |
| FY ending Mar 2026 | 199,262 | — | — | 42,357 | -137,813 | -146,022 | S100YBHI |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥72.6M |
| Net income per employee (consolidated) | ¥15.4M |

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) | 2,753 | 2,737 | 2,831 | 2,780 | 2,744 |
| Average salary (parent company) | ¥7.7M | ¥7.6M | ¥8.2M | ¥8.8M | ¥8.8M |
| Average age (parent company) | 42.4 years | 44.3 years | 45.5 years | 44.4 years | 44.8 years |
| Average tenure (parent company) | 13.6 years | 14.7 years | 14.7 years | 12.7 years | 12.6 years |

Year over year: Employees (consolidated) -1.3% · Revenue (consolidated) +23.9%

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

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Bank segment | 162,069 | 81.3% | 57,540 | 35.5% |
| Lease segment | 15,843 | 7.9% | 472 | 3.0% |
| Other | 21,447 | 10.8% | 12,556 | 58.5% |

### 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 |
| --- | ---: |
| Bank segment | 81.3% |
| Lease segment | 7.9% |
| Other | 10.8% |

Segment → industry: Bank segment → Regional Banks / Lease segment → 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 | -137,813 | -69.2% | S100YBHI |
| Capital expenditure | 8,209 | 4.1% | S100YBHI |
| Free cash flow | -146,022 | -73.3% | 算出 |
| Investing cash flow | -11,031 | -5.5% | S100YBHI |
| Financing cash flow | -5,319 | -2.7% | S100YBHI |
| Dividends paid | 5,226 | 2.6% | S100YBHI |
| Share buyback | 94 | 0.0% | S100YBHI |
| Change in cash | -154,164 | -77.4% | S100YBHI |
| Cash and equivalents | 823,593 | 413.3% | S100YBHI |

## 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 | 10.0% | 2026-03-31 |
| 東京都 | Major shareholder | 9.6% | 2026-03-31 |
| 三井住友信託銀行株式会社 | Major shareholder | 9.2% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 5.7% | 2026-03-31 |
| 東京きらぼしフィナンシャルグループ従業員持株会 | Major shareholder | 3.6% | 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 | 2.7% | 2026-03-31 |
| THE CHASE MANHATTAN BANK,N.A. LONDONSECS LENDING OMNIBUS ACCOUNT (常任代理人 株式会社みずほ銀行決済営業部) | Major shareholder | 1.9% | 2026-03-31 |
| 株式会社マースグループホールディングス | Major shareholder | 1.8% | 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 | 1.6% | 2026-03-31 |
| BBH(LUX) FOR FIDELITY FUNDS – JAPAN ADVANTAGE POOL (常任代理人 株式会社三菱ＵＦＪ銀行 決済事業部) | Major shareholder | 1.4% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第12期(2025/04/01－2026/03/31) | S100YBHI | 2026-06-15 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YBHI,, |
| 訂正有価証券報告書－第11期(2024/04/01－2025/03/31) | S100XP1Y | 2026-03-05 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100XP1Y,, |
| 有価証券報告書－第10期(2023/04/01－2024/03/31) | S100TQ1S | 2024-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TQ1S,, |
| 訂正有価証券報告書－第9期(2022/04/01－2023/03/31) | S100SFAJ | 2023-12-07 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100SFAJ,, |
| 有価証券報告書－第8期(令和3年4月1日－令和4年3月31日) | S100OC1J | 2022-06-22 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OC1J,, |
| 訂正有価証券報告書－第7期(令和2年4月1日－令和3年3月31日) | S100M5Y4 | 2021-08-16 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100M5Y4,, |

## 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).