Fukui Bank, Ltd. (8362) AI Stock Analysis

• Market Cap: ¥68.24B
• Dividend Yield: 2.49%
• Average Volume (3M): 47.96K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 0.94
• Revenue Growth: 7.08%
• EPS Growth: -46.44%
• Country: JP
• Employees: 1,770
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): -28.61
• Shares Outstanding: 24,144,669
• 10 Day Avg. Volume: 37,710
• 30 Day Avg. Volume: 47,963
• PEG Ratio: 0.06
• Price to Book (P/B): 0.31
• Price to Sales (P/S): 0.71
• P/FCF Ratio: 2.02
• 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: 73 Outperform
• Price Target: ¥3,249.00 ▲(18.36% Upside)

Fukui Bank's stock is supported by strong technical momentum and reasonable valuation. The financial performance is solid, with profitability improvements, but concerns over high leverage and negative revenue growth persist. The absence of earnings call and corporate events data limits further insights.

Positive Factors

Improved profitability and margins

Sustained margin improvements signal stronger core banking economics and operational efficiency. Higher net profit and EBIT margins provide durable earnings power to fund lending, reserves, and modest shareholder returns, increasing resilience across economic cycles.

Strong cash generation

Near-parity of free cash flow to net income and positive operating cash flow indicate earnings convert well to cash. This supports internal funding for loans, investment, and capital needs, reducing reliance on external financing over the medium term.

Stable regional franchise and SME focus

Deep local relationships and SME/government client focus create sticky deposits and recurring lending demand. This entrenched market position supports steady deposit funding, cross-sell opportunities and lower client churn versus non‑local competitors.

Negative Factors

High leverage on the balance sheet

A very high debt-to-equity ratio reduces capital buffers and raises sensitivity to interest rate or credit shocks. Over time this constrains capital management, limits loan growth flexibility, and increases regulatory and refinancing risk for the bank.

Negative revenue trend

Declining revenue erodes the top line that funds margins and provisioning. If persistent, it limits capacity to invest in technology and product development, weakens competitive positioning, and pressures long‑term earnings stability.

Volatile cash flows and earnings growth

Historic volatility in free cash flow and sharp EPS swings reduce predictability of internal funding and dividend capacity. Over the medium term this raises refinancing and capital allocation risk and can hamper strategic investments during downturns.

Fukui Bank, Ltd. Business Overview & Revenue Model

Company Description

The Fukui Bank, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Banking and Leasing segments. The Banking segment offers deposits; lending services; credit cards; and domestic and foreign exchange, and credit guarantee services. The Leasing segment leases industrial machinery, computers, and office equipment. The company was incorporated in 1899 and is headquartered in Fukui, Japan.

How the Company Makes Money

Fukui Bank generates revenue primarily through the interest income from its lending activities, which includes personal loans, mortgages, and business loans to SMEs. The bank charges interest on these loans, which constitutes a significant portion of its earnings. Additionally, Fukui Bank earns fees from various banking services, such as account maintenance, transaction fees, and advisory services. Other revenue sources include income from investment securities and foreign exchange transactions. The bank may also engage in partnerships with local businesses and government entities to provide tailored financial solutions, thereby enhancing its customer base and revenue opportunities.

Fukui Bank, Ltd. Financial Statement Overview

Summary

Fukui Bank shows strong profitability with improved margins and return on equity. However, the high debt-to-equity ratio and negative revenue growth rate highlight potential risks. The cash flow position has improved, but historical volatility suggests caution.

Income Statement

Fukui Bank has shown a mixed performance in its income statement. The net profit margin has improved to 11.78% in the latest year, indicating strong profitability. However, the revenue growth rate has turned negative at -2.05%, suggesting a decline in revenue generation. The EBIT margin has improved to 12.51%, reflecting better operational efficiency. Despite these improvements, the declining revenue growth poses a concern.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 5.04, indicating significant leverage, which could pose financial risks. The return on equity has improved to 5.24%, showing better utilization of equity. However, the equity ratio remains low, suggesting a heavy reliance on debt financing. Overall, while profitability has improved, the high leverage remains a concern.

Cash Flow

The cash flow statement shows a strong free cash flow to net income ratio of 0.96, indicating efficient cash generation relative to net income. The operating cash flow has turned positive, reflecting improved cash management. However, the free cash flow growth rate is not calculable due to previous negative values, indicating volatility in cash flow generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	61.55B	59.05B	51.73B	51.27B	42.73B	39.11B
Gross Profit	61.55B	56.12B	50.94B	50.15B	42.65B	38.86B
EBITDA	6.39B	10.43B	7.04B	2.05B	4.63B	5.42B
Net Income	5.99B	7.17B	3.72B	1.80B	4.44B	2.55B
Balance Sheet
Total Assets	4.32T	4.29T	4.16T	4.00T	4.19T	3.51T
Cash, Cash Equivalents and Short-Term Investments	0.00	872.38B	896.18B	1.11T	1.20T	903.66B
Total Debt	656.22B	523.51B	572.89B	448.32B	647.87B	475.89B
Total Liabilities	4.17T	4.15T	4.02T	3.87T	4.05T	3.38T
Stockholders Equity	142.59B	136.38B	135.74B	123.12B	133.00B	136.61B
Cash Flow
Free Cash Flow	0.00	20.68B	-8.10B	-260.25B	185.70B	479.27B
Operating Cash Flow	0.00	112.07B	-6.28B	-258.76B	186.54B	483.85B
Investing Cash Flow	0.00	-133.39B	-241.33B	168.91B	111.20B	-53.77B
Financing Cash Flow	0.00	-2.36B	40.18B	-2.53B	-1.76B	-976.00M

Fukui Bank, Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2745.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8362, the sentiment is Positive. The current price of 2745 is below the 20-day moving average (MA) of 2798.15, above the 50-day MA of 2568.98, and above the 200-day MA of 2057.21, indicating a bullish trend. The MACD of 92.57 indicates Positive momentum. The RSI at 71.67 is Negative, neither overbought nor oversold. The STOCH value of 74.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:8362.

Fukui Bank, Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8387	78 Outperform	¥83.65B	12.95	―	3.05%	8.75%	-12.68%
8395	78 Outperform	¥76.08B	9.45	―	2.29%	7.97%	20.44%
8344	74 Outperform	¥67.89B	13.89	―	2.89%	-0.24%	95.49%
8362	73 Outperform	¥68.24B	16.91	―	2.49%	7.08%	-46.44%
8541	72 Outperform	¥66.34B	10.76	―	2.34%	-0.97%	27.62%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
8550	52 Neutral	¥87.33B	-4.54	―	2.12%	10.91%	-1225.48%

Fukui Bank, Ltd. Corporate Events

Fukui Bank Reports Mixed Financial Results for First Half of 2025

Fukui Bank, Ltd. reported its consolidated financial results for the six months ended September 30, 2025, showing a 16% increase in ordinary income compared to the previous year. However, ordinary profit and profit attributable to owners of the parent decreased by 21.5% and 57% respectively, indicating challenges in profitability despite revenue growth.

The most recent analyst rating on (JP:8362) stock is a Buy with a Yen2420.00 price target. To see the full list of analyst forecasts on Fukui Bank, Ltd. stock, see the JP:8362 Stock Forecast page.