Overview
Banks

San ju San Financial Group,Inc.

Thirty-three Financial Group is a regional financial holding company headquartered in Mie Prefecture, Japan, operating primarily through its core banking subsidiary, The Bank of Thirty-three, Ltd. The group provides a comprehensive range of financial services including deposit-taking, lending, domestic and foreign exchange, and distribution of government bonds, investment trusts, and insurance products. Complementary services including leasing and credit card and credit guarantee businesses are provided through nine consolidated subsidiaries.

Market Cap
¥184B
US$1.17B
EV
¥—B
Stock¥1,775▼-3.48%
US$1 = ¥156.80 (2026-10-23)
ROE
5.2%
* LTM NI / end-of-period equity
PBR
0.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+73.8%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Mar 4, 26Market-wide: Bank stock adjustment on rising yields
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Performance & Balance
Revenue 5Y (¥B)
70.5US$449M'22/365.9US$420M'23/367.8US$433M'24/374.9US$478M'25/393.8US$598M'26/3
Net Income 5Y (¥B)
4.91US$31.3M'22/36.33US$40.4M'23/36.90US$44.0M'24/38.65US$55.2M'25/312.3US$78.8M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
897US$5.72B'22/3338US$2.16B'23/3426US$2.72B'24/3422US$2.69B0.09US$0.57M'25/3348US$2.22B0.14US$0.87M'26/3
Shareholders
Top 10 hold 32.4%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
9.10%
2
Custody Bank of Japan, Ltd. (Trust Account)
4.40%
3
GINSEN CO.,LTD.
4.06%
4
San ju San Financial Group,Inc. Employee Stock Ownership Association
3.75%
5
Sumitomo Mitsui Banking Corporation
2.96%
6
Sumitomo Mitsui Card Company, Limited
2.56%
7
Morgan Stanley MUFG Securities Co., Ltd.
2.05%
8
STATE STREET BANK AND TRUST COMPANY 505223 (Standing Proxy: Mizuho Bank, Ltd.)
1.29%
9
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.24%
10
SMBC Nikko Securities Inc.
1.00%
Management
12 officers
Mitsunori WATANABE
Director, Chairman of the Board
Apr 1978 Joined Sumitomo Bank, Ltd. (currently Sumitomo Mitsui Banking Corporation) Apr 2004 Executive Officer, Sumitomo Mitsui Banking Corporation Apr 2008 Managing Executive Officer, Sumitomo Mitsui Banking Corporation Apr 2011 Director and Senior Managing Executive Officer, Sumitomo Mitsui Banking Corporation May 2013 Advisor, The Mie Bank, Ltd. (currently The 33 Bank, Ltd.) Jun 2013 Deputy President and Executive Officer, The Mie Bank, Ltd. Jun 2013 Director, Deputy President and Executive Officer, The Mie Bank, Ltd. Apr 2015 Director and President, The Mie Bank, Ltd. Apr 2018 Representative Director, President, Sanju-San Financial Group, Inc. May 2021 Director and President, The 33 Bank, Ltd. Apr 2024 Director, Chairman of the Board, Sanju-San Financial Group, Inc. (current) Director, Chairman of the Board, The 33 Bank, Ltd. (current)
1954-11-29
Gotaro MICHIHIRO
Representative Director, President
Apr 1983 Joined Sumitomo Bank, Ltd. (currently Sumitomo Mitsui Banking Corporation) Apr 2012 Executive Officer, Sumitomo Mitsui Banking Corporation Apr 2013 Managing Executive Officer, Sumitomo Mitsui Banking Corporation Apr 2017 Senior Managing Executive Officer, Sumitomo Mitsui Financial Group, Inc. and Sumitomo Mitsui Banking Corporation Mar 2019 Director and Senior Managing Executive Officer, Sumitomo Mitsui Banking Corporation Apr 2019 Executive Officer and Vice President, Sumitomo Mitsui Financial Group, Inc.; Director, Deputy President and Executive Officer, Sumitomo Mitsui Banking Corporation Apr 2021 Deputy Chairman, Sumitomo Mitsui Financial Group, Inc.; Deputy Chairman, Sumitomo Mitsui Banking Corporation Apr 2022 Senior Advisor, Sumitomo Mitsui Financial Group, Inc.; Senior Advisor, Sumitomo Mitsui Banking Corporation Apr 2023 Joined The 33 Bank, Ltd., Deputy President and Executive Officer Jun 2023 Director, Vice President, Sanju-San Financial Group, Inc.; Director, Deputy President and Executive Officer, The 33 Bank, Ltd. Apr 2024 Representative Director, President, Sanju-San Financial Group, Inc. (current) Director, President, The 33 Bank, Ltd. (current)
1959-03-30
Kenichi YAMAKAWA
Representative Director, Vice Chairman
Apr 1983 Joined The Daisan Bank, Ltd. (currently The 33 Bank, Ltd.) Oct 2001 Branch Manager, Isenagashima Branch, The 33 Bank, Ltd. Jun 2010 Branch Manager, Yokkaichi Branch, The 33 Bank, Ltd. Jun 2012 General Manager, Sales Planning Department, Sales Division, The 33 Bank, Ltd. Jun 2013 Executive Officer, General Manager, Sales Planning Department, Sales Division, The 33 Bank, Ltd. Jun 2015 Executive Officer, General Manager, Regional Sales Department, Sales Division, The 33 Bank, Ltd. Jun 2016 Director and Executive Officer, Deputy Head of Sales Division and General Manager, Sales Promotion Department, The 33 Bank, Ltd. Jun 2018 Director and Senior Executive Officer, Deputy Head of Sales Division, The 33 Bank, Ltd. Apr 2020 Director and Managing Executive Officer, Head of Sales Division, The 33 Bank, Ltd. May 2021 Director and Senior Managing Executive Officer, Head of Lending Division, The 33 Bank, Ltd. Jun 2021 Director and Executive Officer, Sanju-San Financial Group, Inc. Apr 2023 Director and Senior Managing Executive Officer, Head of Lending Division and Director in charge of Matsusaka Region, The 33 Bank, Ltd. Apr 2024 Representative Director, Vice Chairman, Sanju-San Financial Group, Inc. (current) Director, Vice Chairman and Director in charge of Matsusaka Region, The 33 Bank, Ltd. (current)
1960-10-11
Hiroki HORIUCHI
Director
Apr 1986 Joined The Mie Bank, Ltd. (currently The 33 Bank, Ltd.) Apr 2011 General Manager, Market Finance Department, The 33 Bank, Ltd. Nov 2013 General Manager, General Planning Department, The 33 Bank, Ltd. Apr 2014 Executive Officer, General Manager, General Planning Department, The 33 Bank, Ltd. Apr 2017 Managing Executive Officer, General Manager, General Planning Department, The 33 Bank, Ltd. Apr 2018 Director and Executive Officer, Sanju-San Financial Group, Inc. (current) May 2021 Director and Managing Executive Officer, The 33 Bank, Ltd. Apr 2023 Director and Managing Executive Officer, General Manager, Secretariat, The 33 Bank, Ltd. Apr 2024 Director and Managing Executive Officer, General Manager, DX Strategy Department and General Manager, Secretariat, The 33 Bank, Ltd. Apr 2025 Director and Managing Executive Officer, General Manager, Secretariat, The 33 Bank, Ltd. (current)
1963-11-14
Kazuya KAWASE
Director
Apr 1988 Joined The Daisan Bank, Ltd. (currently The 33 Bank, Ltd.) Oct 2004 Branch Manager, Chuodori Branch, The 33 Bank, Ltd. Jun 2014 General Manager, General Planning Department, The 33 Bank, Ltd. Jun 2015 Executive Officer, General Manager, General Planning Department, The 33 Bank, Ltd. Jun 2017 Director and Executive Officer, General Manager, General Planning Department, The 33 Bank, Ltd. Apr 2018 Executive Officer, General Manager, Corporate Planning Department, Sanju-San Financial Group, Inc. Jun 2018 Director and Senior Executive Officer, General Manager, General Planning Department, The Daisan Bank, Ltd. May 2021 Director and Managing Executive Officer, The 33 Bank, Ltd. (current) Jun 2021 Director and Executive Officer, Sanju-San Financial Group, Inc. (current)
1966-03-20
Kenji MATSUKAWA
Director
Apr 1986 Joined The Mie Bank, Ltd. (currently The 33 Bank, Ltd.) Apr 2009 General Manager, Credit Examination Department, The 33 Bank, Ltd. Apr 2014 Executive Officer, General Manager, Credit Examination Department, The 33 Bank, Ltd. Apr 2015 Executive Officer, General Manager, Shindo Corporate Sales Department and Manager, Shindo Branch, The 33 Bank, Ltd. Apr 2017 Managing Executive Officer, Manager, Nagoya Branch, The 33 Bank, Ltd. May 2019 Managing Executive Officer, General Manager, Human Resources Department, The 33 Bank, Ltd.; Department Manager in charge of Human Resources and General Affairs, Sanju-San Financial Group, Inc. May 2021 Director and Managing Executive Officer, Deputy Head of Lending Division, The 33 Bank, Ltd. Dec 2022 Director and Managing Executive Officer, Deputy Head of Lending Division and General Manager, Corporate Support Department, The 33 Bank, Ltd. Apr 2023 Director and Managing Executive Officer, Deputy Head of Lending Division, The 33 Bank, Ltd. Apr 2024 Director and Managing Executive Officer, Head of Lending Division, The 33 Bank, Ltd. Apr 2026 Executive Officer, Sanju-San Financial Group, Inc.; Director and Managing Executive Officer, The 33 Bank, Ltd. (current) Jun 2026 Director and Executive Officer, Sanju-San Financial Group, Inc. (current)
1964-01-05
Norimasa ITO
Director
Apr 1988 Joined The Daisan Bank, Ltd. (currently The 33 Bank, Ltd.) Jun 2007 Branch Manager, Hatta Branch, The 33 Bank, Ltd. Jun 2012 Branch Manager, Hirata Station Front Branch, The 33 Bank, Ltd. Jun 2016 Branch Manager, Nabari Branch, The 33 Bank, Ltd. Apr 2020 General Manager, Regional Sales Department, Sales Division, The 33 Bank, Ltd. Apr 2021 General Manager, Credit Examination Department, Lending Division, The 33 Bank, Ltd. May 2021 Managing Executive Officer, General Manager, Credit Examination Department, Lending Division, The 33 Bank, Ltd. Apr 2023 Managing Executive Officer, Officer in charge of Regional Sales, General Manager, Osaka Corporate Sales Department and Manager, Osaka Branch, The 33 Bank, Ltd. May 2025 Managing Executive Officer, General Manager, Compliance Division, The 33 Bank, Ltd. Apr 2026 Executive Officer, Sanju-San Financial Group, Inc.; Managing Executive Officer, The 33 Bank, Ltd. Jun 2026 Director and Executive Officer, Sanju-San Financial Group, Inc. (current) Director and Managing Executive Officer, The 33 Bank, Ltd. (current)
1965-08-02
Yasuo MAEDA
Director, Audit and Supervisory Committee Member
Apr 1988 Joined The Daisan Bank, Ltd. (currently The 33 Bank, Ltd.) Oct 2018 Senior General Manager, General Planning Department, The 33 Bank, Ltd. May 2021 General Manager, Internal Audit Department, Sanju-San Financial Group, Inc.; Executive Officer, General Manager, Internal Audit Department, The 33 Bank, Ltd. Apr 2024 Executive Officer, Head Office Manager, The 33 Bank, Ltd. Jun 2024 Director, Audit and Supervisory Committee Member, Sanju-San Financial Group, Inc. (current) Director, Audit and Supervisory Committee Member, The 33 Bank, Ltd. (current)
1965-05-26
Sumie YOSHIDA
Director, Audit and Supervisory Committee Member (Outside Director)
Apr 1999 Joined Nichiha Corporation Mar 2005 Left Nichiha Corporation Dec 2009 Registered as Attorney-at-Law (current) Dec 2009 Joined Sakura Sogo Law Office Dec 2011 Founded Aoba Sogo Law Office (current) Jun 2016 Outside Audit & Supervisory Board Member, The Mie Bank, Ltd. (currently The 33 Bank, Ltd.) Apr 2018 Outside Director, Audit and Supervisory Committee Member, The Mie Bank, Ltd. Apr 2019 Vice President, Mie Bar Association Jun 2020 Director, Audit and Supervisory Committee Member, Sanju-San Financial Group, Inc. (current)
1976-01-29
Kenichi MATSUI
Director, Audit and Supervisory Committee Member (Outside Director)
Apr 1972 Joined Idemitsu Kosan Co., Ltd. Jun 2001 General Manager, Accounting Department, Idemitsu Kosan Co., Ltd. Apr 2003 Executive Officer, General Manager, Accounting Department, Idemitsu Kosan Co., Ltd. Jun 2004 Managing Executive Officer, General Manager, Accounting Department, Idemitsu Kosan Co., Ltd. Jun 2005 Managing Director, Idemitsu Kosan Co., Ltd. Jun 2010 Deputy President, Idemitsu Kosan Co., Ltd. Jun 2014 Outside Director, The Mie Bank, Ltd. (currently The 33 Bank, Ltd.) Apr 2018 Outside Director, Audit and Supervisory Committee Member, The Mie Bank, Ltd. May 2021 Outside Director, Audit and Supervisory Committee Member, The 33 Bank, Ltd. Jun 2022 Director, Audit and Supervisory Committee Member, Sanju-San Financial Group, Inc. (current)
1949-07-05
Takashi UEDA
Director, Audit and Supervisory Committee Member
Apr 1975 Joined Mie Prefectural Government Apr 2007 Director, Tokyo Office, Mie Prefectural Government Apr 2009 Director-General, General Affairs Department, Mie Prefectural Government Apr 2012 Vice Governor, Mie Prefectural Government Jun 2016 President, Mie Credit Guarantee Corporation Jun 2021 Chairman, Mie Tomo-no-kai Foundation (current) Jun 2024 Director, Audit and Supervisory Committee Member, Sanju-San Financial Group, Inc. (current)
1952-05-01
Toshiyuki SHIMIZU
Director, Audit and Supervisory Committee Member
Oct 1987 Joined Sanwa Tohmatsu Aoki Audit Corporation (currently Deloitte Touche Tohmatsu LLC) Aug 1992 Registered as Certified Public Accountant (current) Feb 2016 Founded Toshiyuki Shimizu CPA Office (current) Jun 2017 Registered as Certified Tax Accountant (current) Jul 2019 Joined Gosen Audit Corporation Jun 2024 Director, Audit and Supervisory Committee Member, Sanju-San Financial Group, Inc. (current) Apr 2025 Representative Partner, Seiryu Accounting Tax Accountant Corporation (current)
1964-12-10
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-18
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-21
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-19
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-22
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-06
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-24
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-24
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-26
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-25
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-27
Annual Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-11-24
Quarterly Securities Report
EDINET
2021-08-13
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-12
Quarterly Securities Report
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