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Hirogin Holdings, Inc.
(7337)
Hirogin Holdings, Inc. (7337) vs. iShares MSCI Japan ETF (EWJ)
Hirogin Holdings, Inc. Business Overview & Revenue Model
Hirogin Holdings, Inc. Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 198.37B | 193.82B | 192.69B | 151.98B | 154.58B | 113.33B |
| Gross Profit | 158.51B | 155.65B | 143.41B | 130.66B | 139.36B | 99.01B |
| EBITDA | 52.33B | 58.30B | 46.65B | 24.51B | 39.11B | 35.64B |
| Net Income | 36.85B | 35.84B | 27.69B | 12.51B | 22.91B | 21.57B |
Balance Sheet | ||||||
| Total Assets | 12.32T | 12.13T | 12.79T | 11.50T | 11.60T | 11.01T |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 1.73T | 2.84T | 2.19T | 2.58T | 2.58T |
| Total Debt | 2.10T | 2.00T | 2.70T | 2.05T | 2.92T | 1.12T |
| Total Liabilities | 11.80T | 11.63T | 12.26T | 11.00T | 11.11T | 10.49T |
| Stockholders Equity | 524.32B | 504.54B | 535.11B | 498.47B | 496.06B | 516.76B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -18.47B | 661.83B | -478.07B | 208.88B | 1.46T |
| Operating Cash Flow | 0.00 | -14.42B | 673.40B | -468.74B | 216.89B | 1.49T |
| Investing Cash Flow | 0.00 | -202.52B | -119.39B | 65.83B | -198.33B | -370.40B |
| Financing Cash Flow | 0.00 | 57.39B | 94.02B | -8.10B | -22.64B | -9.31B |
Hirogin Holdings, Inc. Technical Analysis
Hirogin Holdings, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | ¥541.16B | 9.62 | ― | 3.15% | 12.71% | 71.94% | |
70 Outperform | ¥541.75B | 9.42 | ― | 3.21% | 19.82% | 29.59% | |
70 Outperform | ¥478.99B | 15.28 | 6.09% | 2.93% | 5.87% | 50.22% | |
69 Neutral | ¥698.75B | 9.74 | ― | 1.41% | 28.83% | 105.24% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | ¥509.13B | 10.79 | 5.53% | 2.02% | 12.96% | 44.62% | |
65 Neutral | ¥519.11B | 7.73 | ― | 2.93% | 9.27% | 19.72% |
Hirogin Holdings, Inc. Corporate Events
Hirogin Holdings, Inc., the financial holding company of The Hiroshima Bank, operates a regional banking franchise and related financial services platform anchored in Hiroshima Prefecture. The group targets local corporations and individual customers while maintaining a presence in both domestic and overseas markets through its commercial and investment banking operations.
The company has issued a correction to its earlier announcement on changes in representative directors and other directors at the company and its subsidiary, revising the biographical information of new executive officer Norihiko Sato. The amendment clarifies that Sato’s year of birth is 1971 instead of 1972, while confirming his career history at The Hiroshima Bank, and serves to correct the official record for governance and disclosure accuracy without altering the substance of the management changes already announced.
The most recent analyst rating on (JP:7337) stock is a Buy with a Yen2035.00 price target. To see the full list of analyst forecasts on Hirogin Holdings, Inc. stock, see the JP:7337 Stock Forecast page.
Hirogin Holdings, Inc. has announced a wide-ranging leadership reshuffle across the holding company and key subsidiaries, including The Hiroshima Bank, Ltd., Hirogin Securities, Hirogin Lease, Hirogin Area Design, and Shin-ai Total Service. The moves, provisionally approved by boards on March 6, 2026, aim to refresh governance structures across the group and will be finalized at shareholder meetings and subsequent board sessions in June 2026.
At the holding company, current Representative Director and President Toshio Heya will become Representative Director and Chairman, while Yuji Hiroe will be promoted to Representative Director and President. Long-serving chairman Koji Ikeda will retire from his representative director post and is slated to take on a Special Advisor role at The Hiroshima Bank, signaling a planned transition of leadership while retaining his experience within the group.
The group is also preparing to bolster its regional strategy by having Hirogin Area Design Co., Ltd. establish a new wholly owned subsidiary, Hirogin Regional Advisors Co., Ltd., effective April 1, 2026, and appointing its representative director concurrently with the broader reshuffle. This expansion of advisory capabilities, combined with the coordinated management changes, suggests a focus on strengthening regional development support, integrated group management, and long-term succession planning for stakeholders across its core markets.
The most recent analyst rating on (JP:7337) stock is a Buy with a Yen1895.00 price target. To see the full list of analyst forecasts on Hirogin Holdings, Inc. stock, see the JP:7337 Stock Forecast page.
Hirogin Holdings has raised its consolidated earnings outlook for the fiscal year ending March 31, 2026, citing stronger-than-expected net interest income at core subsidiary The Hiroshima Bank. Ordinary profit is now projected at ¥61.5 billion and profit attributable to owners of parent at ¥43 billion, both up about 8% from the prior forecast and comfortably above last year’s results.
Reflecting the improved profit outlook and a policy of linking shareholder returns to earnings while preserving internal reserves, the company also lifted its year-end dividend forecast from ¥27 to ¥31 per share. This increase will bring the total annual dividend to ¥58 per share and is expected to result in a consolidated payout ratio of 40.4%, underscoring management’s confidence in earnings momentum and commitment to stable shareholder returns.
The most recent analyst rating on (JP:7337) stock is a Buy with a Yen1895.00 price target. To see the full list of analyst forecasts on Hirogin Holdings, Inc. stock, see the JP:7337 Stock Forecast page.
Hirogin Holdings reported a consolidated domestic-standard capital adequacy ratio of 11.27% for the third quarter of FY2025, slightly down from 11.37% at the end of September, as risk-weighted assets rose faster than capital. Basic core capital increased to ¥517.1 billion, while total risk-weighted assets reached ¥4,157.5 billion, indicating continued balance-sheet expansion alongside solid but marginally diluted capital buffers.
For core subsidiary Hiroshima Bank, the consolidated capital adequacy ratio remained stable at 10.54%, with both basic core capital and risk-weighted assets increasing, and the non-consolidated ratio edged up to 10.49%. The figures suggest the group is maintaining sound regulatory capital levels under the domestic standard while supporting asset growth, a key consideration for regulators, creditors, and investors monitoring its risk profile and lending capacity.
The most recent analyst rating on (JP:7337) stock is a Buy with a Yen2117.00 price target. To see the full list of analyst forecasts on Hirogin Holdings, Inc. stock, see the JP:7337 Stock Forecast page.
Hirogin Holdings reported solid consolidated results for the nine months ended December 31, 2025, with ordinary income rising 16.4% year on year to ¥173.6 billion and ordinary profit up 12.0% to ¥47.3 billion. Profit attributable to owners of the parent increased 13.6% to ¥33.0 billion, lifting basic earnings per share to ¥109.72, while comprehensive income surged more than sixfold. The balance sheet expanded, with total assets reaching ¥12.7 trillion and equity climbing to ¥559.4 billion, improving the equity-to-asset ratio to 4.4%. The company maintained its full-year forecast, targeting ordinary profit of ¥57.0 billion and profit attributable to owners of the parent of ¥40.0 billion, and plans to raise the annual dividend to ¥54 per share for the year ending March 31, 2026, signaling confidence in earnings strength and continued shareholder returns.
The most recent analyst rating on (JP:7337) stock is a Buy with a Yen1922.00 price target. To see the full list of analyst forecasts on Hirogin Holdings, Inc. stock, see the JP:7337 Stock Forecast page.
Hirogin Holdings has decided to acquire additional shares of its own stock through an existing stock-based compensation trust for directors and executive officers of the holding company and The Hiroshima Bank. The move follows a prior shareholder-approved increase in the three-year stock-based compensation ceiling from 900 million yen to 1.0 billion yen to reinforce the executive structure needed for the group’s new mid-term management plan starting in FY2024. Within this expanded compensation framework, the trust will purchase up to 150 million yen of common shares on the market between January 20 and 23, 2026, using remaining cash in the trust, with the acquired shares intended for delivery to an enlarged pool of eligible executives, thereby further aligning management incentives with the group’s medium- to long-term performance and corporate value.
The most recent analyst rating on (JP:7337) stock is a Hold with a Yen1675.00 price target. To see the full list of analyst forecasts on Hirogin Holdings, Inc. stock, see the JP:7337 Stock Forecast page.
Hirogin Holdings, Inc. has completed a share buyback authorized by its board in May 2025, acquiring 744,500 common shares on the Tokyo Stock Exchange between December 1 and December 23, 2025, for a total of approximately ¥1.16 billion. Cumulatively under this resolution, the company has repurchased 3,448,400 shares for about ¥5.0 billion, effectively reaching the upper limit of its planned acquisition costs, a move that is likely aimed at enhancing capital efficiency and shareholder value through reduction of shares outstanding.
The most recent analyst rating on (JP:7337) stock is a Buy with a Yen1698.00 price target. To see the full list of analyst forecasts on Hirogin Holdings, Inc. stock, see the JP:7337 Stock Forecast page.