Toho Bank, Ltd. (JP:8346)
:8346
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Toho Bank, Ltd.
(8346)
Select Model
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Rating:66Neutral
Price Target:
¥730.00
▲(30.59% Upside)
Action:ReiteratedDate:03/06/26
Overall score reflects solid financial performance (improving profitability and strong cash generation) and supportive valuation (low P/E), partially offset by increased balance-sheet leverage and mixed/weak near-term technical signals (below the 20-day average with low RSI/Stoch).
Positive Factors
Revenue growth & improving profitability
Consistent revenue growth coupled with a higher net profit margin (10.96%) indicates the bank is improving core banking profitability. Over 2–6 months this supports durable earnings stability by demonstrating sustained loan and fee income strength and better cost-to-income dynamics.
Negative Factors
Increased balance-sheet leverage
Higher debt-to-equity (1.13) raises funding and solvency risk, reducing buffer against credit losses or rate shocks. Over months this could constrain capital actions, increase funding costs, and limit the bank’s ability to expand lending without deleveraging or raising equity.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth & improving profitability
Consistent revenue growth coupled with a higher net profit margin (10.96%) indicates the bank is improving core banking profitability. Over 2–6 months this supports durable earnings stability by demonstrating sustained loan and fee income strength and better cost-to-income dynamics.
Read all positive factors
Toho Bank, Ltd. (8346) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥170.39B
Dividend Yield2.23%
Average Volume (3M)618.99K
Price to Earnings (P/E)9.1
Beta (1Y)1.20
Revenue Growth29.06%
EPS Growth40.95%
CountryJP
Employees1,958
SectorFinancial
Sector Strength70
IndustryBanks - Regional
Share Statistics
EPS (TTM)14.82
Shares Outstanding252,500,000
10 Day Avg. Volume564,190
30 Day Avg. Volume618,990
Financial Highlights & Ratios
PEG Ratio0.28
Price to Book (P/B)0.45
Price to Sales (P/S)1.30
P/FCF Ratio3.67
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Toho Bank, Ltd. Business Overview & Revenue Model
Company Description
The Toho Bank, Ltd. provides various banking products and services in Japan. Its products include individual and institutional deposits, negotiable certificates of deposit, etc.; credit cards; leasing products; commercial and mortgage loans; and b...
How the Company Makes Money
Toho Bank generates revenue primarily through interest income from loans and advances, which constitute a significant portion of its earnings. The bank provides various lending products, including personal loans, mortgages, and business loans, ear...
Toho Bank, Ltd. Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
65
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 74.06B | 68.53B | 57.39B | 56.07B | 58.14B | 50.22B |
| Gross Profit | 65.25B | 62.44B | 55.38B | 53.53B | 55.67B | 38.56B |
| EBITDA | 12.20B | 15.06B | 10.95B | 9.52B | 12.01B | -3.81B |
| Net Income | 8.48B | 7.45B | 5.25B | 4.49B | 6.75B | -4.66B |
Balance Sheet | ||||||
| Total Assets | 6.76T | 6.65T | 6.76T | 6.61T | 7.14T | 6.79T |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 1.24T | 1.80T | 1.99T | 2.80T | 2.34T |
| Total Debt | 221.96B | 222.05B | 198.94B | 182.47B | 690.05B | 426.81B |
| Total Liabilities | 6.56T | 6.46T | 6.55T | 6.42T | 6.94T | 6.60T |
| Stockholders Equity | 204.69B | 197.23B | 206.18B | 191.01B | 192.74B | 191.39B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 24.24B | 1.75B | -768.00B | 0.00 | 852.74B |
| Operating Cash Flow | 0.00 | 27.62B | 6.71B | -759.85B | 0.00 | 856.01B |
| Investing Cash Flow | 0.00 | -350.27B | -302.83B | -49.66B | -44.37B | -133.56B |
| Financing Cash Flow | 0.00 | -143.11B | -1.73B | -1.90B | 81.65B | -1.27B |
Toho Bank, Ltd. Technical Analysis
Positive
559.00
Price Trends
661.64
Positive
588.77
Positive
487.93
Positive
Market Momentum
-0.78
Negative
52.83
Neutral
82.47
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8346, the sentiment is Positive. The current price of 559 is below the 20-day moving average (MA) of 658.85, below the 50-day MA of 661.64, and above the 200-day MA of 487.93, indicating a bullish trend. The MACD of -0.78 indicates Negative momentum. The RSI at 52.83 is Neutral, neither overbought nor oversold. The STOCH value of 82.47 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8346.
Toho Bank, Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥149.05B | 8.04 | 3.68% | 2.26% | 9.34% | 20.61% | |
72 Outperform | ¥162.51B | 8.80 | ― | 2.63% | 23.55% | -21.15% | |
72 Outperform | ¥159.12B | 7.55 | ― | 2.29% | 13.93% | 54.44% | |
71 Outperform | ¥157.42B | 7.21 | ― | 2.96% | 14.85% | 21.17% | |
69 Neutral | ¥163.08B | 9.79 | ― | 2.56% | 17.66% | 49.06% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | ¥170.39B | 9.13 | ― | 2.23% | 29.06% | 40.95% |
* Financial Sector Average
JP:8346
Toho Bank, Ltd.
676.00
316.98
88.29%
JP:8392
Oita Bank
9,790.00
6,272.30
178.31%
JP:7184
First Bank of Toyama Ltd.
2,554.00
1,475.94
136.91%
JP:7322
San ju San Financial Group, Inc.
6,050.00
3,657.99
152.93%
JP:8360
Yamanashi Chuo Bank, Ltd.
5,100.00
2,809.43
122.65%
JP:8393
Miyazaki Bank Ltd.
9,500.00
6,102.77
179.64%
Toho Bank, Ltd. Corporate Events
Toho Bank Overhauls Top Management Ahead of June Shareholders’ Meeting
Mar 6, 2026
Toho Bank has announced a broad reshuffle of its top management, including the appointment of Senior Managing Director Takashi Sekine, currently a Managing Executive Officer, as the new Representative Director, pending formal approval at the June ...
Toho Bank’s Capital Adequacy Ratio Edges Lower as Risk Assets Grow
Feb 10, 2026
The Toho Bank reported its capital adequacy ratios at the end of the third quarter of the fiscal year ending March 31, 2026, showing a slight decline despite modest growth in capital. On a consolidated basis, capital rose to ¥195.7 billion wh...
Toho Bank Lifts FY2026 Earnings Outlook and Hikes Dividend Forecast
Feb 10, 2026
Toho Bank has raised its full-year consolidated and non-consolidated forecasts for the fiscal year ending March 31, 2026, citing higher-than-expected interest income and lower credit costs over the nine months to December 31, 2025. The bank now ex...
Toho Bank Lifts Earnings and Dividend Outlook on Strong Nine-Month Results
Feb 10, 2026
Toho Bank reported strong consolidated results for the nine months ended Dec. 31, 2025, with ordinary income rising 35.2% year on year to ¥68.3 billion and profit attributable to owners of the parent climbing 51.9% to ¥10.0 billion, driv...
Toho Bank to Boost Stake in Daito Bank to Strengthen Fukushima Regional Banking Ties
Dec 26, 2025
The Toho Bank, Ltd. has resolved to acquire shares of fellow Fukushima-based regional lender THE DAITO BANK, LTD. from major shareholder HS Holdings Co., Ltd., and has entered into a share purchase agreement that qualifies as a “buying up...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.