Akita Bank, Ltd. (8343) AI Stock Analysis

• Market Cap: ¥95.37B
• Dividend Yield: 3.35%
• Average Volume (3M): 59.88K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 0.92
• Revenue Growth: 15.96%
• EPS Growth: 81.27%
• Country: JP
• Employees: 1,234
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 129.88
• Shares Outstanding: 18,093,643
• 10 Day Avg. Volume: 54,530
• 30 Day Avg. Volume: 59,880
• PEG Ratio: 0.33
• Price to Book (P/B): 0.29
• Price to Sales (P/S): 0.91
• P/FCF Ratio: -0.34
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ¥5,975.00 ▲(38.63% Upside)
• Action: Downgraded Date: 01/31/26
• Date: Action: Downgraded 01/31/26

The score is led by mixed financial performance—improved leverage and profitability but materially weak cash flow and declining operating margins. Technicals show a strong uptrend, though overbought readings increase near-term risk. Valuation is supportive with a low P/E and moderate dividend yield.

Positive Factors

Improved Leverage

An improved debt-to-equity ratio of 0.56 meaningfully reduces financial leverage and interest burden. This durable balance-sheet strengthening increases resilience to shocks, supports regulatory capital metrics and creates headroom for selective loan growth or reserve building over coming quarters.

Solid Net Profit Margin

A net profit margin near 13% reflects profitable core lending and fee operations for a regional bank. Sustainable margins support internal capital retention, dividend capacity and the ability to absorb credit losses, reinforcing long-term franchise viability in the local market.

Revenue & EPS Growth

Reported top-line growth (~16%) alongside strong reported EPS expansion suggests expanding business volumes or improved efficiency. Durable revenue and earnings growth enhance internal funding, enable reinvestment in services and branches, and support sustained credit provision to local customers.

Negative Factors

Negative Cash Flow

Negative operating and free cash flows show the bank is not converting reported profits into cash, increasing reliance on external funding or asset sales. Over months this constrains lending capacity, raises liquidity risk and can force higher-cost funding or balance-sheet adjustments.

Margin Compression

Significant declines in EBIT/EBITDA margins indicate rising costs or pressure on spreads. Persistent margin erosion reduces earnings resilience, limits the bank's ability to build buffers or invest in efficiency improvements, and represents a structural headwind for profitability going forward.

Low Equity Ratio

A relatively low equity ratio implies structural dependence on debt funding despite improved D/E. This thin capital base can amplify losses in stress, restrict organic growth due to regulatory capital constraints, and elevate refinancing and regulatory risks over the medium term.

Akita Bank, Ltd. Business Overview & Revenue Model

Company Description

The Akita Bank, Ltd. provides banking and other financial services in Japan. It offers current, ordinary, savings, time, and other deposits, as well as installment savings and deposits at notice. The company also provides loans and credit cards, as well as guarantee, leasing, and consulting services. As of March 31, 2021, it operated through a network of 98 branches. The Akita Bank, Ltd. was founded in 1879 and is headquartered in Akita, Japan.

How the Company Makes Money

Akita Bank generates revenue primarily through interest income from loans provided to individuals and businesses, as well as from fees associated with its banking services. The bank earns interest on various loan products, including personal loans, business loans, and mortgages, which constitute a significant portion of its income. In addition to interest income, Akita Bank also generates revenue through service fees from account maintenance, transaction processing, and investment advisory services. The bank may engage in partnerships with local businesses and government entities to enhance its service offerings and reach, thereby contributing to its overall earnings. Furthermore, investments in securities and other financial instruments also provide an additional stream of income.

Akita Bank, Ltd. Financial Statement Overview

Summary

Mixed fundamentals: steady revenue growth and solid net profit margin, plus improved leverage (debt-to-equity 0.56). Offsetting this are sharply weaker EBIT/EBITDA margins and concerning negative operating/free cash flow, which increases financial risk.

Income Statement

Akita Bank has shown a steady revenue growth rate of 1.62% in the latest year, with a net profit margin of 12.96% indicating solid profitability. However, the EBIT and EBITDA margins have decreased significantly compared to previous years, suggesting potential operational inefficiencies.

Balance Sheet

The bank's debt-to-equity ratio has improved to 0.56, indicating a stronger balance sheet with reduced leverage. Return on equity has increased to 3.62%, reflecting better utilization of equity. However, the equity ratio remains relatively low, suggesting a high reliance on debt financing.

Cash Flow

The cash flow situation is concerning, with negative operating and free cash flows. The free cash flow to net income ratio has dropped to zero, indicating that the bank is not generating sufficient cash from its operations to cover its net income.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	48.79B	49.83B	40.32B	44.67B	37.50B	41.15B
Gross Profit	48.48B	46.96B	38.67B	43.27B	37.26B	40.84B
EBITDA	3.51B	10.32B	7.89B	6.15B	5.95B	5.84B
Net Income	6.36B	5.66B	4.54B	3.29B	3.18B	2.72B
Balance Sheet
Total Assets	3.57T	3.46T	3.58T	3.53T	3.67T	3.49T
Cash, Cash Equivalents and Short-Term Investments	0.00	466.75B	688.70B	754.30B	843.45B	789.28B
Total Debt	90.81B	87.39B	209.09B	196.25B	289.31B	248.49B
Total Liabilities	3.40T	3.30T	3.41T	3.38T	3.50T	3.31T
Stockholders Equity	166.66B	156.36B	172.07B	149.26B	167.18B	175.92B
Cash Flow
Free Cash Flow	0.00	-131.80B	-53.74B	-168.20B	201.26B	210.31B
Operating Cash Flow	0.00	-130.49B	-52.39B	-167.14B	203.31B	210.90B
Investing Cash Flow	0.00	-87.85B	-12.57B	80.25B	-145.54B	-40.25B
Financing Cash Flow	0.00	-1.48B	-1.11B	-1.88B	-1.25B	277.34B

Akita Bank, Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4310.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8343, the sentiment is Positive. The current price of 4310 is below the 20-day moving average (MA) of 5438.50, below the 50-day MA of 4785.60, and above the 200-day MA of 3704.37, indicating a bullish trend. The MACD of 203.90 indicates Positive momentum. The RSI at 65.73 is Neutral, neither overbought nor oversold. The STOCH value of 46.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8343.

Akita Bank, Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8387	74 Outperform	¥97.38B	6.00	―	3.05%	8.75%	-12.68%
8393	72 Outperform	¥156.10B	13.56	―	2.29%	13.93%	54.44%
8399	69 Neutral	¥100.49B	11.42	―	2.46%	9.12%	43.43%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8344	67 Neutral	¥81.51B	16.93	―	2.89%	-0.24%	95.49%
8392	67 Neutral	¥150.12B	18.48	3.68%	2.26%	9.34%	20.61%
8343	63 Neutral	¥95.37B	11.60	―	3.35%	15.96%	81.27%

Akita Bank, Ltd. Corporate Events

Akita Bank Posts Stable Capital Adequacy Ratios for Third Quarter FY2025

Akita Bank reported its capital adequacy ratios under the domestic standard as of December 31, 2025, for both consolidated and non-consolidated bases. The disclosure underscores the bank’s ongoing regulatory compliance and provides investors and regulators with visibility into its capital strength and risk profile.

On a consolidated basis, the capital adequacy ratio stood at 11.54%, down slightly from 11.56% at the end of September, as risk-weighted assets grew to ¥1,344.8 billion while capital rose to ¥155.2 billion. On a non-consolidated basis, the ratio was 11.38%, compared with 11.41% three months earlier, with higher capital offset by an increase in risk-weighted assets, indicating stable but marginally diluted capital buffers as the balance sheet expands.

The most recent analyst rating on (JP:8343) stock is a Hold with a Yen5710.00 price target. To see the full list of analyst forecasts on Akita Bank, Ltd. stock, see the JP:8343 Stock Forecast page.

Akita Bank Launches Shareholder Perks Tied to Local Akita Products

Akita Bank, Ltd. has approved the introduction of a shareholder benefits program aimed at rewarding existing investors and making its shares more attractive for long-term holding. Shareholders recorded as of March 31 each year who have held at least 200 shares for one year or more will be eligible, with a special first-time exception for those holding at least 200 shares as of March 31, 2026 regardless of holding period. Depending on the number of shares owned, eligible shareholders will receive between ¥3,000 and ¥10,000 worth of specialty products from Akita Prefecture, selected via an e-commerce site operated by the bank’s subsidiary, Shinokuni Akita Trading. Beyond incentivizing stable, long-term shareholding, the program is designed to showcase local products nationwide and contribute to revitalizing the regional economy, reinforcing the bank’s role as a key player in Akita’s economic development.

The most recent analyst rating on (JP:8343) stock is a Buy with a Yen5088.00 price target. To see the full list of analyst forecasts on Akita Bank, Ltd. stock, see the JP:8343 Stock Forecast page.

Akita Bank Posts Profit Surge and Hikes Dividends on Strong Nine-Month Results

Akita Bank reported solid consolidated results for the nine months ended 31 December 2025, with ordinary income rising 8.6% year on year to ¥43.5 billion and ordinary profit surging 61.7% to ¥9.1 billion. Profit attributable to owners of the parent nearly doubled to ¥6.2 billion, lifting basic earnings per share to ¥350.04, while total assets expanded to ¥3.63 trillion and net assets to ¥179.5 billion, improving the equity-to-asset ratio to 4.9%. Reflecting this stronger profitability, the bank has already increased its interim dividend for the fiscal year ending 31 March 2026 to ¥75 per share and is maintaining a full‑year dividend forecast of ¥150 per share, alongside unchanged full‑year guidance that calls for a further rise in ordinary profit and profit attributable to owners of the parent. The results underscore an improving earnings structure and capital position for the regional lender, which may support continued shareholder returns and financial stability in its local market.

The most recent analyst rating on (JP:8343) stock is a Buy with a Yen5088.00 price target. To see the full list of analyst forecasts on Akita Bank, Ltd. stock, see the JP:8343 Stock Forecast page.