8345
The Bank of Iwate,Ltd.
株式会社岩手銀行
Banks
The Bank of Iwate, Ltd. provides various financial products and services in Japan. The company operates through three segments: Commercial Banking Business; Leasing Business; and Credit Card and Credit Guarantee Business. The Commercial Banking Business segment provides current and time deposits, as well as negotiable certificates of deposit; personal and SME loans; and securities investment and foreign exchange services. The Leasing Business segment consists of leasing business. The Credit Card and Credit Guarantee Business segment comprises credit card and guarantee business. It also trades in securities, as well as offers investment fund management, renewable energy-related business, consulting, and regional economic survey services. The company was formerly known as Iwate Shokusan Bank and changed its name to The Bank of Iwate, Ltd. in 1960. The Bank of Iwate, Ltd. was incorporated in 1932 and is headquartered in Morioka, Japan.
Price
¥1,867
Market Cap
¥32.5B
Ent. Value
—
Net Cash
est
—
Shares Out.
17.4M
P / E
4.6×
EV / EBIT
—
⚠ TSE Capital Mandate
P / Book
0.17×
P / NCAV
N/M
Div. Yield
6.70%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥3,802.8B | ¥3,929.6B | ¥3,820.1B | ¥3,920.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥13.6B | ¥14.1B | ¥14.8B | ¥15.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥1.5B | ¥1.9B | ¥1.9B | ¥2.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥5.6B | ¥83M | ¥2.3B | ¥265M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥3,618.1B | ¥3,730.2B | ¥3,634.9B | ¥3,726.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥789M | ¥67M | ¥842M | ¥798M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥94M | ¥3.5B | ¥18M | ¥3.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥184.7B | ¥199.4B | ¥185.2B | ¥193.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥12.1B | ¥12.1B | ¥12.1B | ¥12.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥5.7B | ¥5.7B | ¥5.7B | ¥5.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥173.1B | ¥168.0B | ¥165.2B | ¥161.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-4.5B | ¥-4.9B | ¥-4.2B | ¥-4.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥-1.8B | ¥18.4B | ¥6.2B | ¥18.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥186.4B | ¥180.8B | ¥178.8B | ¥174.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥10,693 | ¥10,413 | ¥10,305 | ¥10,106 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥-152.4B | ¥-33.9B | ¥-111.7B | ¥43.2B |
| D&A | ¥1.8B | ¥1.9B | ¥2.0B | ¥2.0B |
| Investing CF | ¥-90.8B | ¥-47.0B | ¥58.9B | ¥22.6B |
| CapEx | ¥754M | ¥723M | ¥603M | ¥1.6B |
| Financing CF | ¥-1.6B | ¥-2.3B | ¥-1.7B | ¥-1.6B |
| Dividends Paid | ¥-1.7B | ¥-1.5B | ¥-1.6B | ¥-1.1B |
| Share Buybacks | ¥-2M | ¥-851M | ¥0M | ¥-480M |
| Free Cash Flow | ¥-153.2B | ¥-34.7B | ¥-112.3B | ¥41.7B |
| Net Change in Cash | ¥-244.8B | ¥-83.2B | ¥-54.5B | ¥64.3B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 3.6% | 2.2% | 2.8% | 2.1% |
| ROA | 0.2% | 0.1% | 0.1% | 0.1% |
| EPS | ¥406.86 | ¥245.96 | ¥310.35 | ¥235.91 |
| DPS | ¥125.00 | ¥80.00 | ¥90.00 | ¥80.00 |
| BPS | ¥10,733.37 | ¥11,673.60 | ¥10,664.54 | ¥11,166.79 |
| FCF/Share | ¥-8,789 | ¥-1,997 | ¥-6,473 | ¥2,408 |
| Payout Ratio | 30.7% | 32.5% | 29.0% | 33.9% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 1
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社（信託口）
|
1,663,000 | 9.54% |
| 2 |
Japan Custody Bank
株式会社日本カストディ銀行（信託口）
|
858,300 | 4.92% |
| 3 | QRファンド投資事業有限責任組合 | 694,700 | 3.98% |
| 4 | 岩手県企業局 | 611,980 | 3.51% |
| 5 | 岩手県 | 576,347 | 3.30% |
| 6 |
Stock Ownership Plan
岩手銀行行員持株会
|
574,328 | 3.29% |
| 7 | 株式会社十文字チキンカンパニー | 460,000 | 2.63% |
| 8 |
Meiji Yasuda Life Insurance
明治安田生命保険相互会社（常任代理人 株式会社日本カストディ銀行）
|
337,068 | 1.93% |
| 9 |
Sumitomo Life Insurance
住友生命保険相互会社（常任代理人 株式会社日本カストディ銀行）
|
300,000 | 1.72% |
| 10 |
State Street Bank and Trust Company
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）
|
247,029 | 1.41% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
14.5%
+1.2% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
1.4%
+1.4% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
20.4%
-2.6% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 36.2% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 10.27% | 8.10% | 9.54% +1.44% | |
| Japan Custody Bank 日本カストディ銀行 | 3.10% | 5.11% | 4.92% -0.19% | |
| QRファンド投資事業有限責任組合 | 4.00% | 4.00% | 3.98% -0.02% | |
| 岩手県企業局 | 3.52% | 3.52% | 3.51% -0.01% | |
| 岩手県 | 3.32% | 3.31% | 3.30% -0.01% | |
| Stock Ownership Plan 岩手銀行行員持株会 | 3.08% | 3.19% | 3.29% +0.10% | |
| 式会社十文字チキンカンパニー | — | 2.59% | 2.63% +0.04% | |
| Meiji Yasuda Life Insurance 明治安田生命保険 | 2.54% | 1.94% | 1.93% -0.01% | |
| Sumitomo Life Insurance 住友生命保険 | 1.72% | 1.72% | 1.72% | |
| State Street NEW ENTRY | 1.52% | — | 1.41% NEW | |
| CEPLUX- THE INDEPENDENT UCITS PLATFORM 2 CEPLUX- THE INDEPENDENT UCITS PLATFORM ２ last seen 2024 | Exited Top 10 | 2.04% | 2.71% | — |
| Concentration (HHI) ⓘ | 180 | 162 | 181 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥13,044M
+29% since 2023
Holdings
29
+1 new
6 exited
Trend
2 unwinding
vs 2023
| Held Company | FY2025 ¥13,044M total | FY2023 ¥10,104M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
NIPPON SANSO HOLDINGS CORPORATION
日本酸素ホールディングス株式会社
|
5,745 |
-16.4%
↓
1,272,849
|
3,627 | 1,522,849 | |
|
East Japan Railway Company
東日本旅客鉄道株式会社
|
1,771 |
+200.0%
↑
600,000
|
1,467 | 200,000 | M |
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス株式会社
|
1,071 |
-18.4%
↓
186,858
|
582 | 228,858 | |
|
Secom Co., Ltd.
セコム株式会社
|
532 |
+100.0%
↑
104,688
|
427 | 52,344 | M |
|
DCM Holdings Co.,Ltd.
ＤＣＭホールディングス株式会社
|
442 |
317,949
|
367 | 317,949 | |
|
ORIX CORPORATION
オリックス株式会社
|
408 |
132,300
|
287 | 132,300 | |
|
THE AKITA BANK,LTD.
株式会社秋田銀行
|
389 |
151,715
|
267 | 151,715 | M |
|
MS&AD Insurance Group Holdings, Inc.
ＭＳ＆ＡＤインシュアランスグループホールディングス株式会社
|
387 |
+200.0%
↑
120,168
|
164 | 40,056 | |
|
The Yamagata Bank, Ltd.
株式会社山形銀行
|
373 |
264,760
|
268 | 264,760 | M |
|
JFE Holdings,Inc.
ＪＦＥホールディングス株式会社
|
365 |
200,047
|
335 | 200,047 | |
|
NAGASE & CO., LTD.
長瀬産業株式会社
|
363 |
137,000
|
278 | 137,000 | M |
|
YAKUODO HOLDINGS Co.,Ltd.
株式会社薬王堂ホールディングス
|
338 |
180,000
|
448 | 180,000 | |
|
Electric Power Development Co., Ltd.
電源開発株式会社
|
182 |
72,000
|
153 | 72,000 | |
|
MIKUNI CORPORATION
株式会社ミクニ
|
163 |
537,684
|
181 | 537,684 | M |
|
Procrea Holdings, Inc.
株式会社プロクレアホールディングス
|
159 |
NEW
New
93,700
|
— | ||
|
KAMEI CORPORATION
カメイ株式会社
|
98 |
50,000
|
73 | 50,000 | M |
|
THE SHIMIZU BANK,LTD.
株式会社清水銀行
|
68 |
45,400
|
65 | 45,400 | M |
|
MITSUBISHI MATERIALS CORPORATION
三菱マテリアル株式会社
|
61 |
25,179
|
54 | 25,179 | |
|
SUNDAY CO.,LTD.
株式会社サンデー
|
59 |
53,240
|
65 | 53,240 | M |
|
MITSUBISHI PAPER MILLS LIMITED
三菱製紙株式会社
|
31 |
48,200
|
16 | 48,200 | M |
|
譌･譛ｬ陬ｽ邏呎ｪ蠑丈ｼ夂､ｾ
日本製紙株式会社
|
25 |
25,000
|
25 | 25,000 | |
|
FINESINTER CO.,LTD.
株式会社ファインシンター
|
9 |
12,000
|
12 | 12,000 | |
|
The Kita-Nippon Bank,Ltd.
株式会社北日本銀行
|
3 |
1,000
|
1 | 1,000 | M |
|
THE TOHOKU BANK,LTD.
株式会社東北銀行
|
2 |
2,680
|
2 | 2,680 | M |
|
The Yamanashi Chuo Bank,Ltd.
株式会社山梨中央銀行（注4）
|
— | — | M | ||
|
NTN CORPORATION
ＮＴＮ株式会社（注4）
|
— | — | |||
|
IHI Corporation
株式会社ＩＨＩ（注4）
|
— | — | |||
|
Mitsubishi UFJ Financial Group, Inc.
株式会社三菱ＵＦＪフィナンシャル・グループ
|
— | — | |||
|
Sumitomo Seika Chemicals Company,Limited.
住友精化株式会社
|
— | — | |||
|
The Toho Bank, Ltd.
株式会社東邦銀行
|
— |
−100%
Exit
—
|
228 | 1,052,090 | M |
|
NTN CORPORATION
ＮＴＮ株式会社
|
— |
−100%
Exit
—
|
221 | 657,555 | |
|
Procrea Holdings, Inc.
株式会社プロクレアホールディングス（注4）
|
— |
−100%
Exit
—
|
197 | 93,700 | |
|
The Yamanashi Chuo Bank,Ltd.
株式会社山梨中央銀行
|
— |
−100%
Exit
—
|
149 | 131,200 | M |
|
THE BANK OF SAGA LTD.
株式会社佐賀銀行
|
— |
−100%
Exit
—
|
129 | 80,100 | M |
|
IHI Corporation
株式会社ＩＨＩ
|
— |
−100%
Exit
—
|
16 | 5,000 | |
| Portfolio total | 13,044 | 10,104 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding