8399
Bank of The Ryukyus,Limited
株式会社琉球銀行
Banks
Bank of The Ryukyus, Limited provides various banking products and services in Japan. It operates through the Business, Industry, and IT Business segments. The company offers savings, time, fixed term, and property deposits; loan products, including housing, apartment, free, car, education, card, and loans; and insurance products, such as individual annuity, whole life, medical, long-term care, term life, fire, pet, and cancer insurance. It also engages in the provision of investment trust, bonds, and foreign currency deposits; corporate consulting services, which include and business succession, merger and acquisitions, business matching, support for sales improvement, and organizational restructuring; and security brokerage business. In addition, the company provides debit card, ATM, online banking, estate management services, electronic money charge, store reservation, safe deposit box, and remittance services. Bank of The Ryukyus, Limited was incorporated in 1948 and is headquartered in Naha, Japan.
Price
¥2,506
Market Cap
¥103.6B
Ent. Value
—
Net Cash
est
—
Shares Out.
41.4M
P / E
18.0×
EV / EBIT
—
P / Book
0.74×
P / NCAV
N/M
Div. Yield
1.52%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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| Total Assets | ¥2,977.5B | ¥3,067.0B | ¥3,042.5B | ¥3,064.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥44.4B | ¥36.1B | ¥25.0B | ¥23.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥84M | ¥116M | ¥148M | — | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥4.5B | ¥3.3B | ¥4.0B | ¥4.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥7.5B | ¥4.6B | ¥5.2B | ¥5.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥2,837.7B | ¥2,924.5B | ¥2,904.4B | ¥2,929.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥603M | ¥565M | ¥534M | ¥223M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥139.8B | ¥142.6B | ¥138.2B | ¥135.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥57.0B | ¥57.0B | ¥57.0B | ¥57.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥14.3B | ¥14.2B | ¥14.2B | ¥14.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥77.0B | ¥72.8B | ¥68.6B | ¥64.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-1.8B | ¥-1.4B | ¥-1.5B | ¥-575M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥-6.6B | ¥-90M | ¥-290M | ¥-24M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥146.4B | ¥142.6B | ¥138.3B | ¥134.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥3,540 | ¥3,422 | ¥3,328 | ¥3,179 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥-151.6B | ¥-37.3B | ¥-52.3B | ¥286.1B |
| D&A | ¥3.2B | ¥3.1B | ¥3.0B | ¥3.0B |
| Goodwill Amort. | ¥31M | ¥31M | ¥10M | — |
| Investing CF | ¥-16.7B | ¥-217.8B | ¥-116.7B | ¥-38.7B |
| CapEx | ¥10.4B | ¥13.1B | ¥3.4B | ¥2.1B |
| Financing CF | ¥-2.2B | ¥-1.8B | ¥-2.9B | ¥-2.2B |
| Dividends Paid | ¥-1.6B | ¥-1.5B | ¥-1.5B | ¥-1.3B |
| Share Buybacks | ¥-501M | ¥-1M | ¥-1.0B | ¥-501M |
| Free Cash Flow | ¥-162.0B | ¥-50.3B | ¥-55.7B | ¥284.0B |
| Net Change in Cash | ¥-170.5B | ¥-256.8B | ¥-171.9B | ¥245.3B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 4.1% | 4.0% | 4.3% | 4.2% |
| ROA | 0.2% | 0.2% | 0.2% | 0.2% |
| EPS | ¥139.02 | ¥135.71 | ¥139.39 | ¥131.18 |
| DPS | ¥38.00 | ¥37.00 | ¥35.00 | ¥35.00 |
| BPS | ¥3,380.50 | ¥3,419.90 | ¥3,321.40 | ¥3,178.82 |
| FCF/Share | ¥-3,916 | ¥-1,208 | ¥-1,341 | ¥6,695 |
| Payout Ratio | 27.3% | 27.3% | 25.1% | 26.7% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 4
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-12
13:00
|
Capital Policy | — | Ryukyu Bank revised its shareholder return policy on May 12, 2026, expanding focus from dividends alone to comprehensive… | |
|
Summary
Ryukyu Bank revised its shareholder return policy on May 12, 2026, expanding focus from dividends alone to comprehensive shareholder returns including both dividends and opportunistic share buybacks. The policy targets a dividend payout ratio of 40% or higher with maintenance or increase of dividend payments, while share repurchases will be executed flexibly based on economic and financial conditions. The revision reflects upward earnings guidance in the medium-term plan 'Empower 2025' and improved capital position, aimed at enhancing capital efficiency and shareholder value.
Source (JP)
当行は、内部留保の充実に努めつつ、業績や金融環境および将来的な株主価値向上の観点等を含め総合的に勘案して株主還元を実施していくことを基本方針としております。配当については配当性向40%以上を目安とし、配当金の維持または増加を目指すこととしております。また、経済状況や財務状況等を勘案のうえ、自己株式取得は機動的に実施いたします。
株主還元方針の見直しに関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
The Master Trust Bank of Japan, Ltd. (Trust Account)
日本マスタートラスト信託銀行株式会社(信託口)
|
5,633 | 13.62% |
| 2 |
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口)
|
2,066 | 4.99% |
| 3 | QRファンド投資事業有限責任組合 | 1,277 | 3.08% |
| 4 | 豊里 友成 | 1,240 | 2.99% |
| 5 | 琉球銀行行員持株会 | 1,112 | 2.68% |
| 6 |
JPMorgan Chase Bank, N.A.
JP MORGAN CHASE BANK 385781(常任代理人 株式会社みずほ銀行)
|
555 | 1.34% |
| 7 |
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)
|
492 | 1.19% |
| 8 | 株式会社オーエスジー | 485 | 1.17% |
| 9 | 大同火災海上保険株式会社 | 452 | 1.09% |
| 10 | 野村信託銀行株式会社(投信口) | 386 | 0.93% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
18.6%
-1.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
2.5%
-0.7% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
11.9%
+1.5% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 33.1% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 日本マスタートラスト信託銀行 | 13.43% | 12.40% | 13.62% +1.22% | |
| 日本カストディ銀行 | 6.52% | 7.25% | 4.99% -2.26% | |
| QRファンド投資事業有限責任組合 | 3.07% | 3.06% | 3.08% +0.02% | |
| 豊里 友成 | 2.28% | 2.38% | 2.99% +0.61% | |
| 琉球銀行行員持株会 | 2.77% | 2.74% | 2.68% -0.06% | |
| JP Morgan | 1.11% | 1.20% | 1.34% +0.14% | |
| State Street | — | 2.04% | 1.19% -0.85% | |
| 式会社オーエスジー | 1.16% | 1.16% | 1.17% +0.01% | |
| 大同火災海上保険 | 1.08% | 1.08% | 1.09% +0.01% | |
| 野村信託銀行株式会社(投信口) NEW ENTRY | — | — | — | 0.93% NEW |
| DFA INTL SMALL CAP VALUE PORTFOLIO last seen 2023 | Exited Top 10 | 0.90% | — | — |
| 沖縄電力 last seen 2023 | Exited Top 10 | 0.83% | — | — |
| Concentration (HHI) ⓘ | 250 | 237 | 243 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥1,339M
-4% since 2023
Holdings
11
+1 new
1 exited
Trend
1 building
vs 2023
| Held Company | FY2025 ¥1,339M total | FY2023 ¥1,399M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Okinawa Financial Group,Inc.
株式会社おきなわフィナンシャルグループ
|
256 |
100,009
|
208 | 100,009 | M |
|
蜈ィ菫晞」譬ェ蠑丈シ夂、セ
株式会社全保連
|
239 |
NEW
New
256,500
|
— | ||
|
ANA HOLDINGSINC.
ANAホールディングス株式会社
|
181 |
65,794
|
189 | 65,794 | |
|
The Musashino Bank, Ltd.
株式会社武蔵野銀行
|
163 |
50,200
|
111 | 50,200 | M |
| 株式会社八十二銀行 | 124 |
118,000
|
67 | 118,000 | M |
|
The Awa Bank,Ltd.
株式会社阿波銀行
|
119 |
41,832
|
81 | 41,832 | M |
|
The Yamagata Bank, Ltd.
株式会社山形銀行
|
93 |
66,000
|
66 | 66,000 | M |
|
Tsukuba Bank, Ltd.
株式会社筑波銀行
|
87 |
348,800
|
74 | 348,800 | |
|
SAN-A CO.,LTD.
株式会社サンエー
|
73 |
+100.0%
↑
23,280
|
47 | 11,640 | M |
|
Heiwa Corporation
株式会社平和
|
4 |
2,000
|
5 | 2,000 | |
|
Mitsubishi UFJ Financial Group, Inc.
株式会社三菱UFJフィナンシャル・グループ(注)
|
— | — | |||
| 株式会社三菱UFJファイナンシャル・グループ | — |
−100%
Exit
—
|
551 | 650,300 | |
| Portfolio total | 1,339 | 1,399 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding