8383
THE TOTTORIBANK,LTD.
株式会社 鳥取銀行
Banks
The Tottori Bank, Ltd. provides various banking products and services in Japan. The company offers deposit products; housing, renovation, car, education, card, travel, and other loans; and internet banking services. It also provides individual defined contribution pension, individual annuity and variable, term, whole life, medical, cancer, income protection, and student endowment insurance products. In addition, the company offers management support services, such as consulting, business matching, expansion support, medical and nursing care business support, business M&A, entrepreneurship start-up support, business insurance, and decarbonized management services; and fundraising, account transfer and other services. Further, it provides freee, a cloud accounting software; payment solution; forex trading services; kintone, a business improvement platform; Office, a platform that supports information sharing and communication; Smaregi, a POS system; and KING OF TIME, an attendance management system. The company was incorporated in 1921 and is headquartered in Tottori, Japan.
Price
¥1,478
Market Cap
¥13.8B
Ent. Value
—
Net Cash
est
—
Shares Out.
9.4M
P / E
10.5×
EV / EBIT
—
⚠ TSE Capital Mandate
P / Book
0.29×
P / NCAV
N/M
Div. Yield
3.38%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥1,106.5B | ¥1,145.6B | ¥1,097.1B | ¥1,108.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥10.0B | ¥10.3B | ¥9.9B | ¥10.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥860M | ¥994M | ¥924M | ¥1.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥2.3B | ¥929M | ¥1.3B | ¥948M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥1,058.4B | ¥1,095.6B | ¥1,049.2B | ¥1,059.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥1.7B | ¥1.7B | ¥1.7B | ¥1.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥48.1B | ¥50.0B | ¥47.9B | ¥48.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥9.1B | ¥9.1B | ¥9.1B | ¥9.1B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥6.5B | ¥6.5B | ¥6.5B | ¥6.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥33.7B | ¥32.8B | ¥32.2B | ¥31.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-680M | ¥-679M | ¥-678M | ¥-677M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥-505M | ¥2.3B | ¥719M | ¥2.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥48.5B | ¥47.6B | ¥47.0B | ¥46.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥126M | ¥118M | ¥112M | ¥98M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥5,181 | ¥5,090 | ¥5,026 | ¥4,964 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥-37.6B | ¥56.7B | ¥-38.2B | ¥12.0B |
| D&A | ¥748M | ¥745M | ¥812M | ¥821M |
| Investing CF | ¥6.6B | ¥-4.0B | ¥11.7B | ¥-8.6B |
| CapEx | ¥352M | ¥939M | ¥386M | ¥571M |
| Financing CF | ¥-466M | ¥-468M | ¥-471M | ¥-467M |
| Dividends Paid | ¥-466M | ¥-467M | ¥-470M | ¥-466M |
| Share Buybacks | ¥0M | ¥0M | ¥0M | ¥0M |
| Free Cash Flow | ¥-38.0B | ¥55.7B | ¥-38.6B | ¥11.4B |
| Net Change in Cash | ¥-31.5B | ¥52.2B | ¥-26.9B | ¥2.9B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 2.7% | 2.2% | 2.2% | 1.8% |
| ROA | 0.1% | 0.1% | 0.1% | 0.1% |
| EPS | ¥140.28 | ¥112.83 | ¥111.57 | ¥95.18 |
| DPS | ¥50.00 | ¥50.00 | ¥50.00 | ¥50.00 |
| BPS | ¥5,127.31 | ¥5,331.70 | ¥5,103.00 | ¥5,199.03 |
| FCF/Share | ¥-4,059 | ¥5,952 | ¥-4,122 | ¥1,221 |
| Payout Ratio | 35.6% | 44.3% | 44.8% | 52.5% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 1
| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Employee Stock Ownership Plan
鳥取銀行従業員持株会
|
300 | 3.21% |
| 2 |
Sompo Japan Insurance Inc.
損害保険ジャパン株式会社
|
259 | 2.77% |
| 3 |
Meiji Yasuda Life Insurance
明治安田生命保険相互会社
|
205 | 2.19% |
| 4 | 大樹生命保険株式会社 | 168 | 1.79% |
| 5 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
154 | 1.64% |
| 6 | 株式会社三洋商事 | 113 | 1.21% |
| 7 | 株式会社エヌケーシー | 105 | 1.12% |
| 8 | 三信株式会社 | 103 | 1.11% |
| 9 | オークラヤ住宅株式会社 | 88 | 0.94% |
| 10 | 野村ホールディングス株式会社 | 84 | 0.90% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
1.6%
-6.4% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
15.2%
+1.2% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 16.9% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Employee Stock Ownership Plan 鳥取銀行従業員持株会 | 3.22% | 3.24% | 3.21% -0.03% | |
| Sompo Japan Insurance Inc. 損害保険ジャパン | 3.26% | 3.26% | 2.77% -0.49% | |
| Meiji Yasuda Life Insurance 明治安田生命保険 ↑ | 2.19% | 2.19% | 2.19% | |
| 大樹生命保険 ↑ | 1.79% | 1.79% | 1.79% | |
| Japan Custody Bank 日本カストディ銀行 | 5.04% | 4.86% | 1.64% -3.22% | |
| 式会社三洋商事 ↑ | 1.21% | 1.21% | 1.21% | |
| 式会社エヌケーシー ↑ | — | 1.12% | 1.12% | |
| 三信 NEW ENTRY | — | — | — | 1.11% NEW |
| オークラヤ住宅 NEW ENTRY | — | — | — | 0.94% NEW |
| 野村ホールディングス NEW ENTRY | — | — | — | 0.90% NEW |
| Japan Master Trust Bank 日本マスタートラスト信託銀行 last seen 2024 | Exited Top 10 | 4.14% | 3.13% | — |
| The Chugoku Electric Power Company, Incorporated 中国電力 last seen 2024 | Exited Top 10 | 1.64% | 1.22% | — |
| SMBC日興証券 last seen 2023 | Exited Top 10 | 1.47% | — | — |
| Concentration (HHI) ⓘ | 78 | 67 | 34 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥3,633M
+1% since 2023
Holdings
11
+1 new
1 exited
Trend
2 unwinding
vs 2023
| Held Company | FY2025 ¥3,633M total | FY2023 ¥3,610M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
The Chugoku Electric Power Company, Incorporated
中国電力株式会社
|
1,142 |
1,328,845
|
894 | 1,328,845 | M |
|
ORIX CORPORATION
オリックス株式会社
|
993 |
-31.8%
↓
322,000
|
1,027 | 472,000 | M |
|
Sompo Holdings, Inc.
SOMPOホールディングス株式会社
|
858 |
-5.0%
↓
190,000
|
1,050 | 200,000 | |
|
CHUDENKO CORPORATION
株式会社中電工
|
172 |
52,222
|
111 | 52,222 | M |
|
SOFT99corporation
株式会社ソフト99コーポレーション
|
165 |
100,000
|
128 | 100,000 | M |
| 株式会社トワライズ | 100 |
NEW
New
50,400
|
— | M | |
| 第一生命ホールディングス株式会社 | 87 |
+300.0%
↑
77,600
|
47 | 19,400 | |
|
TOMATO BANK,LTD.
株式会社トマト銀行
|
44 |
36,500
|
37 | 36,500 | M |
|
DIAMOND ELECTRIC HOLDINGS CO.,LTD.
ダイヤモンドエレクトリックホールディングス株式会社
|
30 |
50,400
|
43 | 50,400 | |
|
THE SHIMIZU BANK,LTD.
株式会社清水銀行
|
29 |
19,400
|
28 | 19,400 | M |
|
ANA HOLDINGSINC.
ANAホールディングス株式会社
|
13 |
5,000
|
14 | 5,000 | |
|
Mitsubishi UFJ Financial Group, Inc.
株式会社三菱UFJフィナンシャル・グループ
|
— |
−100%
Exit
—
|
231 | 273,562 | |
| Portfolio total | 3,633 | 3,610 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding