The Fukui Bank,Ltd.
8362・Prime Market・Banks
Comprehensive Financial Services (Single Segment)
The sole business segment of a regional financial group based in Fukui Prefecture
| Period | Current | Previous | Change |
|---|---|---|---|
| Ordinary income (consolidated, full year) | ¥79,101 million | ¥64,366 million | ↑ |
| Ordinary profit (consolidated, full year) | ¥13,434 million | ¥8,701 million | ↑ |
| Profit attributable to owners of parent (consolidated, full year) | ¥8,601 million | ¥7,166 million | ↑ |
| Loan balance (consolidated, period-end) | ¥2,442,519 million | ¥2,361,120 million | ↑ |
| Consolidated capital adequacy ratio (domestic standard) | 8.15% | 7.92% | ↑ |
| Earnings per share (consolidated) | ¥363.64 | ¥309.15 | ↑ |
| Net assets per share (consolidated) | ¥6,462.86 | ¥5,759.83 | ↑ |
| Annual dividend per share | ¥108 | ¥58 | ↑ |
| Consolidated net operating profit | ¥8,445 million | ¥9,807 million | ↓ |
| Assets under custody (total Nomura Securities intermediary accounts) | ¥639,522 million | ¥487,583 million | ↑ |
Business Details
The Fukui Bank, Ltd. and its 11 consolidated subsidiaries (including Fukuho Bank) provide comprehensive financial services centered on deposits, lending, foreign exchange, and securities investment, along with consulting, leasing, credit cards, guarantees, and digital services. The Group operates as a business dedicated to solving regional challenges, pursuing the realization of a "Regional Value Circulation Model" and promoting hands-on support for both corporate and individual customers. The Group constitutes a single segment of Comprehensive Financial Services (Single Segment), with no further segmentation established. Note that as of May 2, 2026, the Bank absorbed Fukuho Bank through a merger, transitioning to a single-bank structure.
Recent Overview
Ordinary profit up 54% and net profit up 20% amid substantial earnings growth; merger with Fukuho Bank completed
For FY2026 (ending March 2026), ordinary income rose to ¥79,101 million (up 22.8% year on year), ordinary profit rose to ¥13,434 million (up 54.3% year on year), and profit attributable to owners of parent rose to ¥8,601 million (up 20.0% year on year), marking substantial earnings growth. The main drivers were an increase in interest on loans (¥30,885 million) and gains on sales of stocks and other securities (¥8,265 million). On the other hand, an increase in interest paid on deposits due to rising interest rates (¥6,484 million) and business integration costs (¥2,534 million on a Fukui Bank standalone basis) pushed up expenses. As of May 2, 2026, the Bank absorbed Fukuho Bank through a merger. The target dividend payout ratio was raised from 30% to 40%, and the forecast annual dividend per share for the next fiscal year is ¥150 (up ¥42 year on year).
Key Products
Growth Drivers
- Increase in interest on loans due to improved loan yields (consolidated ¥30,885 million, up ¥4,992 million year on year) and expansion of business-purpose loan balances
- Recording of gains on sales of stocks and other securities from the reduction of strategic shareholdings, among other measures (consolidated ¥8,265 million, up ¥6,747 million year on year)
- Expansion of financial product intermediary balances through the business alliance with Nomura Securities (¥639,522 million, up ¥151,939 million year on year) and increased fee income
- Realization of synergies through the merger with Fukuho Bank (May 2, 2026) and integration of the customer base and group functions
- Continued moderate recovery of Fukui Prefecture's economy and rising tourism demand supported by the ongoing effect of the Hokuriku Shinkansen extension within the prefecture
- Improved yield on fund management amid rising interest rates (combined basis for all branches of the two banks: 1.09%, up 0.18 percentage points year on year)
Risks
- Rising funding costs and a narrowing overall interest margin (combined basis for the two banks: 0.13%, down 0.03 percentage points year on year) due to a sharp increase in interest paid on deposits amid rising interest rates (consolidated ¥6,484 million, up ¥4,205 million year on year)
- Increase in provision for individual loan losses (consolidated ¥3,699 million, up ¥690 million year on year) and expanding credit-related costs
- Increase in property and equipment expenses centered on system investments related to the merger and integration with Fukuho Bank (ordinary profit forecast to decline 24% in FY2027, ending March 2027)
- Risk of continued recording of losses on sales of government bonds and other bonds associated with securities portfolio restructuring (¥4,720 million in FY2025)
- Adverse impact on the regional economy and corporate performance from geopolitical risks such as U.S. trade policy and the situation in the Middle East, as well as continued price increases
- Long-term risk of a shrinking regional economy and declining loan demand due to the declining birthrate, aging population, and population outflow
- Risk of earnings deterioration during the integration transition period, as evidenced by Fukuho Bank's standalone net loss (¥1,423 million)
Last updated: June 23, 2026