# THE TOTTORIBANK,LTD.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 訂正有価証券報告書－第162期(2025/04/01－2026/03/31) (S100Z1D3)
> Page: https://vizora.meequs.com/en/company/tottoribank
> Retrieved: 2026-09-30T21:00:39.218Z

## Company

THE Tottoribank, founded in 1921, is a company in Regional Banks listed on TSE Standard. It has 638 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | THE TOTTORI BANK, LTD. |
| Ticker | 8383 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/8383.T) |
| Listing | TSE Standard |
| Head office | 鳥取県鳥取市永楽温泉町171番地 |
| Representative (per filing) | 取締役頭取 入江到 |
| Founded | Dec 1921 |
| Employees (consolidated) | 638 |
| Average salary (parent only) | ¥5.4M |
| Fiscal year end | March |
| Corporate number | 2270001000870 |
| EDINET | E03582 |
| Industries (Vizora) | Regional Banks |

> Profile source: annual securities report (S100Z1D3, filed 2026-09-11). As of filing

## Key points (generated from figures)

- THE Tottoribank brought in ¥19B in ordinary revenue.
- Out of every ¥100 of ordinary revenue, about ¥12 is left as ordinary profit.
- Ordinary revenue changed +16.3% from the prior year, ordinary profit +18.0%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Ordinary revenue | ¥19B |  |
| Ordinary income | ¥2.24B | Margin 11.8% |
| Net income | ¥1.58B | Margin 8.3% |
| Employees (consolidated) | 638 |  |
| EPS | ¥168.7 |  |
| Book value per share | ¥5265.01 |  |
| Equity ratio | 4.4% |  |
| Shares outstanding | 9,619,000 |  |
| Treasury shares | 260,500 |  |
| Shareholders | 9,598 |  |
| Average salary (parent only) | ¥5.4M | Filing company only |

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥13409000000 | ¥18991000000 | +41.6% |
| Employees | 664 people | 638 people | -3.9% |
| Cash and equivalents | ¥96634000000 | ¥71205000000 | -26.3% |

### 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 → 事業再編・廃止 | 96.9% |
| カード事業 → 事業再編・廃止 | 3.1% |

Segment revenue source references: 2 (derived)

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

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Ordinary revenue | 18,991 | 100.0% | S100Z1D3 |
| Ordinary expenses | 16,748 | 88.2% | S100Z1D3 |
| Ordinary income | 2,243 | 11.8% | S100Z1D3 |
| Extraordinary income | 2 | 0.0% | S100Z1D3 |
| Extraordinary loss | 54 | 0.3% | S100Z1D3 |
| Pretax income | 2,191 | 11.5% | S100Z1D3 |
| Income tax | 604 | 3.2% | S100Z1D3 |
| Net income | 1,586 | 8.4% | S100Z1D3 |
| Net income attributable to owners | 1,583 | 8.3% | S100Z1D3 |

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

| Part | JPY |
| --- | ---: |
| Ordinary expenses | 88 |
| Ordinary income | 12 |
| (Ref.) Net income | 8 |

### Margin funnel

Ordinary margin 11.8% → Net margin 8.3%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +16.3%; Core profit growth: +18.0%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 1.10×
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 | 16,324 | 18,991 | 2,667 | +16.3% |
| Net income attributable to owners | 1,313 | 1,583 | 270 | +20.6% |
| Operating cash flow | -37,641 | -4,730 | 32,911 | — |
| Free cash flow | -37,993 | -5,061 | 32,932 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 16,192 | — | — | 1,308 | 418 | — | S100LR5B |
| FY ending Mar 2018 | 15,401 | — | — | 1,105 | -11,834 | — | S100OFZU |
| FY ending Mar 2019 | 14,256 | — | — | 952 | -8,683 | — | S100SF0M |
| FY ending Mar 2020 | 13,666 | — | — | 897 | -14,191 | -14,418 | S100LR5B |
| FY ending Mar 2021 | 13,409 | — | — | 996 | 29,461 | 29,258 | S100OFZU |
| FY ending Mar 2022 | 13,301 | — | — | 891 | 12,000 | 11,429 | S100SF0M |
| FY ending Mar 2023 | 13,912 | — | — | 1,044 | -38,201 | -38,587 | S100TRAD |
| FY ending Mar 2024 | 14,646 | — | — | 1,056 | 56,655 | 55,716 | S100W213 |
| FY ending Mar 2025 | 16,324 | — | — | 1,313 | -37,641 | -37,993 | S100Z1D3 |
| FY ending Mar 2026 | 18,991 | — | — | 1,583 | -4,730 | -5,061 | S100Z1D3 |

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

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥29.8M |
| Net income per employee (consolidated) | ¥2.5M |

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) | 651 | 637 | 634 | 639 | 638 |
| Average salary (parent company) | ¥5M | ¥5.1M | ¥5.2M | ¥5.2M | ¥5.4M |
| Average age (parent company) | 38.0 years | 38.0 years | 38.0 years | 38.9 years | 39.0 years |
| Average tenure (parent company) | 15.0 years | 16.0 years | 16.0 years | 16.0 years | 16.1 years |

Year over year: Employees (consolidated) -0.2% · Revenue (consolidated) +16.3%

## 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 | -4,730 | -24.9% | S100Z1D3 |
| Capital expenditure | 331 | 1.7% | S100Z1D3 |
| Free cash flow | -5,061 | -26.6% | 算出 |
| Investing cash flow | -16,862 | -88.8% | S100Z1D3 |
| Financing cash flow | -469 | -2.5% | S100Z1D3 |
| Dividends paid | 468 | 2.5% | S100Z1D3 |
| Share buyback | 0 | 0.0% | S100Z1D3 |
| Change in cash | -22,062 | -116.2% | S100Z1D3 |
| Cash and equivalents | 71,205 | 374.9% | S100Z1D3 |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 鳥取銀行従業員持株会 | Major shareholder | 3.1% | 2026-03-31 |
| 損害保険ジャパン株式会社 | Major shareholder | 2.3% | 2026-03-31 |
| 明治安田生命保険相互会社 | Major shareholder | 2.2% | 2026-03-31 |
| 大樹生命保険株式会社 | Major shareholder | 1.8% | 2026-03-31 |
| ＵＢＳ証券株式会社 | Major shareholder | 1.8% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 1.5% | 2026-03-31 |
| 株式会社三洋商事 | Major shareholder | 1.2% | 2026-03-31 |
| 株式会社エヌケーシー | Major shareholder | 1.1% | 2026-03-31 |
| 三信株式会社 | Major shareholder | 1.1% | 2026-03-31 |
| ＤＯＳＯ株式会社 | Major shareholder | 1.1% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 訂正有価証券報告書－第162期(2025/04/01－2026/03/31) | S100Z1D3 | 2026-09-11 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100Z1D3,, |
| 有価証券報告書－第161期(2024/04/01－2025/03/31) | S100W213 | 2025-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W213,, |
| 有価証券報告書－第160期(2023/04/01－2024/03/31) | S100TRAD | 2024-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100TRAD,, |
| 訂正有価証券報告書－第159期(2022/04/01－2023/03/31) | S100SF0M | 2023-12-08 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100SF0M,, |
| 有価証券報告書－第158期(令和3年4月1日－令和4年3月31日) | S100OFZU | 2022-06-27 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OFZU,, |
| 有価証券報告書－第157期(令和2年4月1日－令和3年3月31日) | S100LR5B | 2021-06-28 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LR5B,, |

## 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).