Akita Bank, Ltd. (8343) AI Stock Analysis

• Market Cap: ¥93.40B
• Dividend Yield: 3.35%
• Average Volume (3M): 59.88K
• Price to Earnings (P/E): 7.7
• Beta (1Y): 0.94
• 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: 60 Neutral
• Price Target: ¥5,439.00 ▲(26.19% Upside)
• Action: Reiterated Date: 03/06/26
• Date: Action: Reiterated 03/06/26

The score is anchored by mixed financial performance—profitability and improved leverage are positives, but negative operating/free cash flow and margin compression are major offsets. Valuation is a key support due to the low P/E and reasonable dividend yield, while technical indicators lean weak (below the 20-day average with low RSI/stochastic).

Positive Factors

Improved leverage

A lower debt-to-equity ratio (0.56) indicates the bank has reduced leverage, strengthening its balance sheet and financial flexibility. Over the medium term this improves resilience to credit stress, supports regulatory capital management, and allows more prudent lending or reserve rebuilding.

Solid net profit margin

A near-13% net profit margin reflects recurring profitability from interest income and fee businesses. This level of margin supports sustained earnings in a regional franchise, providing internal capital generation potential and a buffer against cyclical revenue dips over several quarters.

entrenched regional franchise

Deep local presence and relationships with households, SMEs and municipal clients create a stable deposit base and predictable loan demand. This structural market position supports steady fee and interest income generation and gives competitive advantages in client retention and community lending programs.

Negative Factors

Negative operating and free cash flow

Persistent negative operating and free cash flows mean the bank is not converting accounting profits into cash. Over months this constrains capacity to self-fund loan growth, dividends, and capital needs, raising reliance on external funding and reducing financial resilience.

Margin compression (EBIT/EBITDA)

Material declines in EBIT and EBITDA margins suggest operational pressures or rising costs eroding core profitability. If structural, this weakens earnings quality and limits capacity to absorb credit losses or invest in digital and branch initiatives over the coming quarters.

Low equity ratio / reliance on debt

A relatively low equity ratio, despite improved debt-to-equity, signals continued dependence on indebted funding. This heightens sensitivity to funding stress and regulatory capital requirements, restricting strategic flexibility and increasing vulnerability to interest rate or liquidity shocks.

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: modest revenue growth (1.62%) and solid net profit margin (12.96%) support results, and leverage improved (debt-to-equity 0.56). However, sharply lower EBIT/EBITDA margins and negative operating/free cash flow are significant risks to stability and earnings quality.

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 5374.50, below the 50-day MA of 4945.10, and above the 200-day MA of 3784.92, indicating a neutral trend. The MACD of 25.89 indicates Positive momentum. The RSI at 50.64 is Neutral, neither overbought nor oversold. The STOCH value of 43.32 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	75 Outperform	¥94.42B	1.54	―	3.05%	8.75%	-12.68%
8392	72 Outperform	¥146.01B	8.04	3.68%	2.26%	9.34%	20.61%
8393	72 Outperform	¥153.59B	7.55	―	2.29%	13.93%	54.44%
8399	69 Neutral	¥99.73B	6.66	―	2.46%	9.12%	43.43%
8344	68 Neutral	¥78.53B	10.96	―	2.89%	-0.24%	95.49%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8343	60 Neutral	¥93.40B	7.75	―	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.