Overview
Banks

Mebuki Financial Group,Inc.

Mebuki Financial Group is a bank holding company comprising 16 consolidated subsidiaries, with Joyo Bank and Ashikaga Bank as its two core banking entities serving the Kanto-Tohoku region of Japan. The Group provides a broad range of financial products and services including deposits, lending, domestic and foreign exchange, trust services, and investment product distribution through its banking subsidiaries. Beyond banking, the Group also operates in leasing (Mebuki Lease), securities (Mebuki Securities), credit guarantees, credit card services, and regional carbon-neutral and regional trading company businesses.

Market Cap
¥1,356B
US$8.65B
EV
¥—B
Stock¥1,445▼-2.20%
US$1 = ¥156.80 (2026-10-23)
ROE
8.7%
* LTM NI / end-of-period equity
PBR
1.2
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+37.2%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
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Performance & Balance
Revenue 5Y (¥B)
268US$1.71B'22/3329US$2.10B'23/3310US$1.98B'24/3360US$2.30B'25/3443US$2.83B'26/3
Net Income 5Y (¥B)
43.0US$274M'22/332.2US$205M'23/343.4US$277M'24/358.2US$371M'25/384.2US$537M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
7,265US$46.3B'22/34,802US$30.6B'23/34,421US$28.2B'24/33,212US$20.5B0.01US$0.06M'25/32,431US$15.5B0.00US$0.03M'26/3
Shareholders
Top 10 hold 35.2%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
14.05%
2
Custody Bank of Japan, Ltd. (Trust Account)
6.72%
3
Nippon Life Insurance Company
2.93%
4
Sumitomo Life Insurance Company
2.38%
5
Meiji Yasuda Life Insurance Company
1.69%
6
JP MORGAN CHASE BANK 380055
1.66%
7
STATE STREET BANK AND TRUST COMPANY 505001
1.62%
8
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)
1.45%
9
JP MORGAN CHASE BANK 385781
1.41%
10
BBH(LUX) FOR FIDELITY FUNDS - JAPAN ADVANTAGE POOL
1.31%
Management
12 officers
Tetsuya AKINO
Representative Director, President
Apr 1986 Joined Joyo Bank, Ltd. Mar 2006 Attached to Management Planning Department, Joyo Bank Jun 2008 Deputy General Manager, Sales Management Division, Joyo Bank Jun 2011 Deputy Head, Sales Management Division, Joyo Bank Jun 2012 Manager, Shimotsuma Branch, Joyo Bank Jun 2013 General Manager, Risk Management Division, Joyo Bank Jun 2015 General Manager, Human Resources Department, Joyo Bank Jun 2016 Executive Officer, General Manager, Human Resources Department, Joyo Bank Oct 2016 Mebuki Financial Group, Inc., Manager, Management Planning Department Jun 2017 General Manager, Management Planning Division, Mebuki Financial Group Jun 2018 Director (in charge of Corporate Planning), Mebuki Financial Group Jun 2020 Managing Director, Joyo Bank Apr 2022 Director, President (Representative Director), Joyo Bank (current) Jun 2022 Director, President, Mebuki Financial Group (current)
1963-05-23
Kazuyuki SHIMIZU
Representative Director, Vice President
Apr 1984 Joined The Ashikaga Bank, Ltd. Oct 2004 Chief Manager, Financial Planning Division, The Ashikaga Bank Jun 2006 Head of Planning Office, The Ashikaga Bank Jun 2008 General Manager, General Planning Division, The Ashikaga Bank Jul 2008 General Manager, Management Planning Department, Ashikaga Holdings Co., Ltd. (concurrent) Jan 2009 Manager, Tochigi Branch, The Ashikaga Bank Jun 2010 Manager, Utsunomiya Central Branch, The Ashikaga Bank Apr 2012 Executive Officer, General Manager, Sales Promotion Department, The Ashikaga Bank Jun 2012 Executive Officer, General Manager, Sales Planning Department, The Ashikaga Bank Apr 2014 Executive Officer, General Manager, Management Department, Ashikaga Holdings Co., Ltd.; Executive Officer, The Ashikaga Bank Apr 2015 Executive Officer, General Manager, Corporate Planning Department, Ashikaga Holdings Co., Ltd.; Managing Executive Officer, The Ashikaga Bank Jun 2016 Director, Managing Director, The Ashikaga Bank Oct 2016 Director (in charge of Management, Risk Management and Information Security), Mebuki Financial Group Jun 2017 Director (in charge of Regional Revitalization), Mebuki Financial Group Jun 2018 Senior Managing Director, The Ashikaga Bank Jun 2019 Executive Officer (in charge of Regional Revitalization), Mebuki Financial Group Jun 2020 Vice President, Director, Mebuki Financial Group (current) Representative Director, President, The Ashikaga Bank (current)
1961-09-11
Toshihiko ONO
Director
Apr 1991 Joined Joyo Bank, Ltd. Feb 2012 Deputy General Manager, Corporate Planning Department, Joyo Bank Jun 2016 Deputy Head, Corporate Planning Department, Joyo Bank Oct 2016 Attached Manager, Corporate Planning Department, Mebuki Financial Group Jun 2018 General Manager, Corporate Planning Division, Mebuki Financial Group Jun 2018 General Manager, Corporate Planning Department, Joyo Bank Jun 2020 Executive Officer, General Manager, Sales Planning Department, Joyo Bank Jun 2020 Non-Executive Director, The Ashikaga Bank Apr 2022 Managing Executive Officer, Joyo Bank Jun 2022 Director (in charge of Corporate Planning), Mebuki Financial Group (current) Joyo Bank: Director, Managing Executive Officer Apr 2025 Director, Senior Managing Executive Officer, Joyo Bank (current)
1969-03-11
Hiroki OTSUKA
Director
Apr 1989 Joined The Ashikaga Bank, Ltd. Jun 2010 Senior Advisor, General Planning Division, The Ashikaga Bank Jun 2012 Manager, General Planning Division, The Ashikaga Bank Oct 2014 Manager, Okegawa Branch, The Ashikaga Bank Apr 2016 Manager, Utsunomiya East Branch and Station East Retail Center, The Ashikaga Bank Jun 2017 Manager, Corporate Planning Department, Mebuki Financial Group; Manager, General Planning Division, The Ashikaga Bank Nov 2018 Manager, Corporate Planning Department and Deputy Head, Public Relations Office, Mebuki Financial Group Jun 2019 General Manager, Management Department, Mebuki Financial Group Jun 2019 General Manager, Risk Management Division, The Ashikaga Bank Jun 2020 General Manager, Corporate Planning Department, Mebuki Financial Group Jun 2020 Executive Officer, General Manager, General Planning Division, The Ashikaga Bank Apr 2022 Managing Executive Officer, The Ashikaga Bank Jun 2024 Director, Managing Executive Officer, The Ashikaga Bank Jun 2025 Director (in charge of Management, Risk Management and Information Security; Group AML Chief Officer), Mebuki Financial Group (current) Apr 2026 Director, Senior Managing Executive Officer, The Ashikaga Bank (current)
1967-02-06
Yoshitsugu TOBA
Director
Apr 1988 Joined Joyo Bank, Ltd. Apr 2008 Deputy General Manager, Corporate Planning Department, Joyo Bank Jun 2010 Deputy General Manager, Market Finance Department, Joyo Bank Jun 2011 Deputy General Manager, Corporate Planning Department, Joyo Bank Jun 2013 Deputy Head, Corporate Planning Department, Joyo Bank Jun 2015 General Manager, Market Finance Department, Joyo Bank Jun 2018 Executive Officer, General Manager, Market Finance Department, Joyo Bank Jun 2019 Executive Officer, General Manager, Sales Planning Department, Joyo Bank Jun 2020 Managing Executive Officer, General Manager, Southern Kibou/Kanami Area Headquarters, Joyo Bank Apr 2022 Managing Executive Officer, Joyo Bank Jun 2022 Director, Managing Executive Officer, Joyo Bank (current) Jun 2024 Director, Mebuki Financial Group (current)
1966-02-18
Shoichiro TOTSUKA
Outside Director
Apr 1983 Joined Fuji Heavy Industries, Ltd. (now SUBARU Corporation) Feb 2004 Program Manager, Technology Development Center, Aerospace Company, Fuji Heavy Industries Sep 2006 General Manager, Aircraft Design Department, Aerospace Company, and Program Manager, Fuji Heavy Industries Apr 2010 General Manager, Production Planning Department, Aerospace Company, Fuji Heavy Industries Apr 2011 Vice President, Aerospace Company, and General Manager, Production Planning Department, Fuji Heavy Industries Apr 2013 Executive Officer, Vice President, Aerospace Company, and General Manager, Production Planning Department, Fuji Heavy Industries Apr 2015 Executive Officer, Vice President, Aerospace Company, Fuji Heavy Industries Apr 2017 Managing Executive Officer, President, Aerospace Company, and Plant Manager, Utsunomiya Works, SUBARU Corporation Apr 2024 Advisor, SUBARU Corporation Jun 2025 Outside Director, Mebuki Financial Group (current)
1960-08-03
Sumi SHU
Outside Director
Aug 2000 Joined J.P. Morgan Securities Co., Ltd. Jun 2006 Head of Control Room, Compliance Department, J.P. Morgan Securities May 2012 Managing Director, J.P. Morgan Securities Oct 2012 General Manager, Control Oversight Department, J.P. Morgan Securities Jan 2014 Resigned from J.P. Morgan Securities Feb 2014 Joined Core Value Management Co., Ltd. Nov 2016 Representative Director, Vice President, Core Value Management Co., Ltd. Jun 2019 Outside Director, Mebuki Financial Group (current) Mar 2022 Representative Director, President, Core Value Management Co., Ltd. (current) Dec 2024 Outside Director, Nihon Business Systems, Ltd. (current) Jun 2025 Outside Director, Mitsubishi Paper Mills Limited (current)
1969-03-07
Yasuhiko SUGITA
Director (Audit and Supervisory Committee Member)
Apr 1987 Joined Joyo Bank, Ltd. Feb 2009 Deputy General Manager, Credit Examination Department, Joyo Bank May 2013 Head, Credit Risk Management Office, Risk Management Division, Joyo Bank Jun 2016 Deputy General Manager, Risk Management Division, Joyo Bank Oct 2016 Attached Manager, Management Planning Department, and Head of Basel Office, Mebuki Financial Group Jun 2017 General Manager, Management Planning Department, Mebuki Financial Group Jun 2017 General Manager, Risk Management Division, Joyo Bank Jun 2020 Executive Officer, General Manager, Credit Examination Department, Joyo Bank Apr 2021 Managing Executive Officer, Joyo Bank Jun 2024 Director (Audit and Supervisory Committee Member), Joyo Bank Jun 2026 Director (Audit and Supervisory Committee Member), Mebuki Financial Group (current) Audit & Supervisory Board Member, Mebuki Securities Co., Ltd. (scheduled to take office) Audit & Supervisory Board Member, Mebuki Card Co., Ltd. (scheduled to take office)
1964-03-31
Yoshinori TASAKI
Director (Audit and Supervisory Committee Member)
Apr 1988 Joined The Ashikaga Bank, Ltd. Jun 2009 Senior Advisor, General Planning Division, The Ashikaga Bank Oct 2012 Attached Manager, Sales Planning Department, The Ashikaga Bank Apr 2013 Manager, Karasuyama Branch, The Ashikaga Bank Apr 2015 Manager, Kumagaya Branch, The Ashikaga Bank Oct 2016 Manager, Moka Branch, The Ashikaga Bank Jun 2019 General Manager, Internal Audit Department, Mebuki Financial Group Jun 2019 Executive Officer, General Manager, Internal Audit Department, The Ashikaga Bank Jun 2020 Executive Officer, General Manager, Saitama Area Headquarters, The Ashikaga Bank Apr 2021 Executive Officer, General Manager, Ryomo/Gunma Area Headquarters, The Ashikaga Bank Apr 2022 Executive Officer, Attached to Audit and Supervisory Committee Office, The Ashikaga Bank Jun 2022 Director (Audit and Supervisory Committee Member), Mebuki Financial Group (current) Audit & Supervisory Board Member, Mebuki Lease Co., Ltd. (current) Audit & Supervisory Board Member, Mebuki Credit Guarantee Co., Ltd. (current)
1965-11-02
Satomi NAKANO
Director (Audit and Supervisory Committee Member)
Apr 1992 Joined Chuo Trust & Banking Co., Ltd. (now Sumitomo Mitsui Trust Bank, Limited) Mar 1996 Resigned from Chuo Trust & Banking Oct 1999 Joined Asahi Audit Corporation (now Azusa Audit LLC) Mar 2003 Registered as Certified Public Accountant Jan 2007 Resigned from Azusa Audit LLC Feb 2007 Joined Shin Nihon Audit Corporation (now Ernst & Young ShinNihon LLC) Jul 2013 Resigned from Ernst & Young ShinNihon LLC Aug 2013 Registered as Licensed Tax Accountant Aug 2013 Opened Satomi Nakano CPA & Tax Accountant Office; Representative (current) Jun 2015 Outside Audit & Supervisory Board Member, Yachiyo Bank, Ltd. (now Kiraboshi Bank, Ltd.) May 2018 Outside Audit & Supervisory Board Member, Kiraboshi Bank, Ltd. (until Jun 2021) Nov 2021 Outside Director (Audit and Supervisory Committee Member), Uniden Holdings Corporation (until Dec 2022) Aug 2023 Auditor, Japan Association for the Northern Territories Issues (current) Jun 2024 Outside Director (Audit and Supervisory Committee Member), Nippon Chouzai Co., Ltd. (current) Jun 2024 Outside Director (Audit and Supervisory Committee Member), Mebuki Financial Group (current) Nov 2024 Supervisory Executive Officer, Healthcare & Medical Investment Corporation (current) Jun 2025 Outside Director, Nippon Chemi-Con Corporation (current)
1969-08-17
Hiromichi YOSHITAKE
Director (Audit and Supervisory Committee Member)
Apr 1977 Joined Nippon Steel Corporation (now Nippon Steel Corporation) Jun 1991 Head, Organization Office, General Affairs Department, Nippon Steel Jun 1997 Group Leader, General Affairs and Organization Group, General Affairs Department, Nippon Steel Jun 2000 General Manager, General Affairs Department, Hikari Works, Stainless Steel Division, Nippon Steel Mar 2003 Resigned from Nippon Steel Apr 2003 Professor, Faculty of Engineering, Systems and Policy Sciences, University of Tsukuba; Member, Planning and Research Office Apr 2004 Professor, Graduate School of Business Sciences, University of Tsukuba; Special Assistant to the President Apr 2006 Executive Director and Vice President, University of Tsukuba Apr 2009 Professor, Graduate School of Business Sciences, and Director, University Research Center, University of Tsukuba (until Mar 2015) Apr 2012 Auditor, Ochanomizu University (until Aug 2020) Apr 2015 Professor, Business Science Division, University of Tsukuba Mar 2017 Resigned from University of Tsukuba Apr 2017 Professor Emeritus, University of Tsukuba (current) Trustee, Tokyo Metropolitan Public University Corporation (until Mar 2021) Jul 2020 Chairman of the Board, Tokyo Kasei Gakuin (current) Sep 2020 Auditor, Research Organization of Information and Systems (until Jun 2023) Jun 2023 Outside Director (Audit and Supervisory Committee Member), Mebuki Financial Group (current)
1954-06-22
Mari FUJINO
Director (Audit and Supervisory Committee Member)
Dec 2009 Registered as Attorney-at-law Jan 2010 Joined Nagasawa Sogo Law Office (current) Jun 2026 Outside Director (Audit and Supervisory Committee Member), Mebuki Financial Group (current)
1984-03-06
Large Shareholding Reports
Wellington Management Company LLP
2026-02-18
2.29%→2.12%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-05
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-12
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-02-18
Large Shareholding Report
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-25
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-06
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-19
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-05-12
中期経営計画
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-22
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINETAmended
2024-08-06
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
TDnet
2024-08-05
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-22
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-23
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-22
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
EDINET
2022-06-27
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-22
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-25
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
EDINETAmended
2021-02-09
Amended Quarterly Securities Report
EDINETAmended
2021-02-09
Amended Annual Securities Report
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