Overview
Banks

Hokuhoku Financial Group, Inc.

Hokuhoku Financial Group is a regional financial holding company centered on two core banking subsidiaries, Hokuriku Bank and Hokkaido Bank, serving customers across Hokkaido, the three Hokuriku prefectures (Toyama, Ishikawa, Fukui), and the three major metropolitan areas of Tokyo, Nagoya, and Osaka. The Group provides a comprehensive range of financial services including banking, securities brokerage, consulting, leasing, credit cards, venture capital, software development, and servicer operations. Its broad geographic footprint and diversified service offering distinguish it as a wide-area regional financial group bridging northern Japan's Hokuriku and Hokkaido regions.

Market Cap
¥825B
US$5.26B
EV
¥—B
Stock¥689.3▼-3.84%
US$1 = ¥156.80 (2026-10-23)
ROE
9.1%
* LTM NI / end-of-period equity
PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+70.8%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Mar 4, 26Market-wide: Bank stock adjustment on rates
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Performance & Balance
Revenue 5Y (¥B)
178US$1.13B'22/3188US$1.20B'23/3190US$1.21B'24/3210US$1.34B'25/3277US$1.77B'26/3
Net Income 5Y (¥B)
20.5US$131M'22/321.4US$137M'23/323.0US$147M'24/339.1US$249M'25/358.9US$376M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
5,451US$34.8B'22/34,342US$27.7B'23/34,540US$29.0B'24/33,181US$20.3B2.52US$16.1M'25/33,538US$22.6B3.33US$21.3M'26/3
Shareholders
Top 10 hold 35.1%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
12.58%
2
Custody Bank of Japan, Ltd. (Trust Account)
3.80%
3
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
3.34%
4
NORTHERN TRUST CO. (AVFC) RE FIDELITY FUNDS (Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited, Tokyo Branch)
3.13%
5
Meiji Yasuda Life Insurance Company
2.81%
6
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
2.30%
7
Sumitomo Life Insurance Company
1.95%
8
Hokuriku Electric Power Company
1.83%
9
STATE STREET BANK AND TRUST COMPANY 505223 (Standing Proxy: Mizuho Bank, Ltd.)
1.74%
10
Hokuhoku Financial Group, Inc. Employee Stock Ownership Association
1.62%
Management
9 officers
Hiroshi NAKAZAWA
Representative Director, President
Apr 1986 Joined Hokuriku Bank, Ltd. Apr 2005 Manager, Ninomiya Branch, Hokuriku Bank Jun 2007 Manager, Kotoni Branch, Hokuriku Bank Apr 2009 Manager, Asakusa Branch, Hokuriku Bank Jun 2011 Manager, Fukui Branch, Hokuriku Bank Jun 2014 General Manager, General Planning Department, Hokuriku Bank Jun 2016 Executive Officer, General Manager, Head Office Sales Department, Hokuriku Bank Jun 2017 Director, Executive Officer, General Manager, Head Office Sales Department, Hokuriku Bank Jun 2018 Director, Managing Executive Officer, Head of Toyama Regional Business Division, Hokuriku Bank Jun 2019 Director, Hokuhoku Financial Group, Inc. Jun 2020 Managing Executive Officer, Deputy Head of Sales Promotion Division, Hokuriku Bank Jun 2021 Director, Managing Executive Officer, Deputy Head of Sales Promotion Division and Head of Tokyo Regional Business Division, Hokuriku Bank; Director in charge of Sales Strategy Department, Hokuhoku Financial Group, Inc. Jun 2022 Representative Director, President, Hokuriku Bank (current) Representative Director, President, Hokuhoku Financial Group, Inc. (current)
1963-03-21
Yuji KENMA
Representative Director, Executive Vice President
Apr 1987 Joined The Hokkaido Bank, Ltd. Jan 2002 Manager, Hanakawa Branch, The Hokkaido Bank Jul 2003 Staff Officer, Group Leader, Business Planning Group, The Hokkaido Bank Oct 2005 General Manager, Business Planning Department, The Hokkaido Bank Jul 2011 Area Manager, Torii-mae Area and Manager, Torii-mae Branch, The Hokkaido Bank Apr 2013 Executive Officer in charge of Okhotsk Regional Sales and Manager, Kitami Branch, The Hokkaido Bank Jun 2015 Executive Officer in charge of Sapporo, Ishikari and Sorachi Regional Sales, The Hokkaido Bank Jun 2016 Director, Managing Executive Officer, General Manager, Corporate Administration Division, The Hokkaido Bank Jun 2017 Director, Hokuhoku Financial Group, Inc. Jun 2019 Executive Officer, Hokuriku Bank; Director of Hokuhoku Financial Group, Inc., Deputy in charge of Planning and General Affairs Group Jun 2021 Representative Director, President, The Hokkaido Bank (current); Representative Director, Executive Vice President, Hokuhoku Financial Group, Inc. Apr 2023 Representative Director, Executive Vice President in charge of SX Promotion Department, Hokuhoku Financial Group, Inc. Jun 2025 Representative Director, Executive Vice President in charge of SX Promotion Department and Deputy in charge of Human Resources Strategy Department, Hokuhoku Financial Group, Inc. (current)
1964-06-11
Masahiko KOBAYASHI
Director
Apr 1987 Joined Hokuriku Bank, Ltd. Jan 2006 Assistant General Manager, Asahikawa Branch, Hokuriku Bank Jun 2007 Manager, Obihiro Branch, Hokuriku Bank Jun 2010 Manager, Kanazawa Minami-Chuo Branch, Hokuriku Bank Jun 2012 Manager, Shinjuku Branch, Hokuriku Bank Jun 2014 Manager, Sapporo Branch, Hokuriku Bank Jun 2016 General Manager, General Planning Department, Hokuriku Bank Jun 2017 Executive Officer, General Manager, General Planning Department, Hokuriku Bank Jun 2019 Director, Managing Executive Officer, Hokuriku Bank; Director of Hokuhoku Financial Group, Inc., in charge of Planning and General Affairs Group; Executive Officer, The Hokkaido Bank Jun 2021 Director, Hokuhoku Financial Group, Inc., in charge of Business Planning Department Jun 2022 Director, Managing Executive Officer, General Manager, Sales Promotion Division and Head of Tokyo Regional Business Division, Hokuriku Bank; Director of Hokuhoku Financial Group, Inc., in charge of Sales Strategy Department Jun 2023 Director, Senior Managing Executive Officer, Hokuriku Bank; Director of Hokuhoku Financial Group, Inc., in charge of Sales Strategy Department, Deputy in charge of SX Promotion Department, and in charge of DX Promotion Department Jun 2025 Director, Senior Managing Executive Officer, General Manager, Sales Promotion Division, Hokuriku Bank (current) Jun 2025 Director, Hokuhoku Financial Group, Inc., in charge of Sales Strategy Department and Deputy in charge of SX Promotion Department (current)
1964-01-04
Tomoo AITA
Director
Apr 1990 Joined The Hokkaido Bank, Ltd. Apr 2008 Manager, Date Branch, The Hokkaido Bank Jul 2012 Area Manager, Hokuei Area and Manager, Hokuei Branch, The Hokkaido Bank Oct 2015 Area Manager, Sapporo Station North Exit Area and Manager, Sapporo Station North Exit Branch (including Koseki Sub-branch), The Hokkaido Bank Jun 2018 Executive Officer in charge of Tokachi Regional Sales and Manager, Obihiro Branch, The Hokkaido Bank Jun 2022 Managing Executive Officer, Head Office Corporate Sales Department, Head Office Branch Manager, The Hokkaido Bank Jun 2024 Director, Managing Executive Officer, The Hokkaido Bank (current) Jun 2025 Executive Officer, Hokuriku Bank (current); Deputy in charge of Business Planning Department and SX Promotion Department, Hokuhoku Financial Group, Inc. (current)
1968-01-31
Miyuki EGUSA
Director
May 2024 Senior Manager, Business Planning Department (Branding Strategy Office), Hokuriku Bank Oct 2025 Senior Manager, Sales Strategy Department, Hokuhoku Financial Group, Inc. (current) Apr 1990 Joined Sumitomo Corporation Jan 2004 Brand Team Leader, Brand Business Division, Lifestyle & Retail Business Division, Sumitomo Corporation Feb 2016 Deputy General Manager, Creative Team Leader, Public Relations Department, Sumitomo Corporation Apr 2020 Deputy General Manager, CSR Team Leader, Sustainability Promotion Department, Sumitomo Corporation Mar 2024 Resigned from Sumitomo Corporation May 2024 Joined Hokuriku Bank, Ltd., General Manager, Business Planning Department Oct 2025 General Manager, Sales Management Division, Hokuriku Bank (current) Jun 2026 Executive Officer (scheduled), Hokuriku Bank Executive Officer (scheduled), The Hokkaido Bank, Ltd.
Mariko BANDO
Director
Jul 1969 Joined the Prime Minister's Office Oct 1985 Councilor, Cabinet Secretariat, Prime Minister's Office Jul 1989 Director, Consumer Statistics Division, Statistics Bureau, Management and Coordination Agency Jul 1994 Director, Office for Gender Equality, Prime Minister's Office Apr 1995 Vice Governor, Saitama Prefecture Jun 1998 Consul-General of Japan in Brisbane, Australia Jan 2001 Director-General, Gender Equality Bureau, Cabinet Office Oct 2003 Trustee, Showa Women's University Apr 2007 President, Showa Women's University Apr 2014 Chairperson, Showa Women's University Jul 2016 Chancellor, Showa Women's University (current) Jun 2017 Outside Director, MS&AD Insurance Group Holdings, Inc.; Member of the Management Committee, The Norinchukin Bank Dec 2019 Outside Director, Mitsubishi Research Institute, Inc. (current) Mar 2023 Outside Director, ITOKI Corporation (current)
Marie OGAWA
Director, Audit and Supervisory Committee Member
Apr 1986 Joined Bank of Japan May 2001 Senior Research Officer, Information Services Department, Bank of Japan Jul 2004 Planning Officer, Information Services Department, Bank of Japan Nov 2006 Planning Officer, Documents Department, Bank of Japan Aug 2010 Planning Officer, General Affairs and Personnel Department (Leader, Organization Management and Compliance Group and Diversity Promotion Group), Bank of Japan Apr 2015 Part-time Lecturer, Otsuma Women's University Junior College (concurrent) Jun 2017 Planning Officer, Documents Department (Leader, General Affairs Group), Bank of Japan Jun 2019 Head, Toyama Office, Bank of Japan Mar 2022 Retired from Bank of Japan Apr 2022 Director, Diversity Promotion Office, Head Office, Obirin Gakuen; Director, Career Development Center, Obirin University Jun 2022 Director, Audit and Supervisory Committee Member, Hokuhoku Financial Group, Inc. (current) Oct 2024 General Manager, Corporate Planning Department and Director, Diversity Promotion Office, Obirin Gakuen May 2025 Managing Director, Obirin Gakuen (current) Apr 2026 General Manager, Corporate Planning Department and General Manager, Diversity Promotion Department, Obirin Gakuen (current)
1962-11-22
Yutaka YOKOI
Director, Audit and Supervisory Committee Member
Apr 1979 Joined Ministry of Foreign Affairs Sep 2006 Minister, Embassy of Japan in the United States Jul 2008 Consul-General of Japan in Shanghai Aug 2010 Minister Plenipotentiary, Embassy of Japan in China Sep 2011 Press Secretary, Ministry of Foreign Affairs Aug 2013 Ambassador Extraordinary and Plenipotentiary to Turkey Mar 2016 Ambassador Extraordinary and Plenipotentiary to China Dec 2020 Retired from Ministry of Foreign Affairs Mar 2021 Outside Director, Toyo Ink SC Holdings Co., Ltd. (now artience Co., Ltd.) Oct 2021 Counselor, Chiba Institute of Technology (current) Jan 2022 Special Professor, Chiba Institute of Technology (current) Mar 2022 Outside Director, Audit and Supervisory Committee Member, artience Co., Ltd. (current) Jun 2022 Director, Hokuhoku Financial Group, Inc. Jun 2024 Director, Audit and Supervisory Committee Member, Hokuhoku Financial Group, Inc. (current)
1955-01-10
Shinya MAKINO
Director, Audit and Supervisory Committee Member
Apr 1983 Joined Yasuda Life Insurance Company Jan 2004 Company renamed Meiji Yasuda Life Insurance Company Dec 2005 Branch Manager, Toyama Branch Office, Meiji Yasuda Life Insurance Company Apr 2009 General Manager, Sales Personnel Department, Meiji Yasuda Life Insurance Company Apr 2012 General Manager, Product Department, Meiji Yasuda Life Insurance Company Jul 2013 Executive Officer, General Manager, Product Department, Meiji Yasuda Life Insurance Company Apr 2015 Managing Executive Officer, Meiji Yasuda Life Insurance Company Apr 2017 Senior Managing Executive Officer, Meiji Yasuda Life Insurance Company Apr 2020 Executive Vice President, Executive Officer, Meiji Yasuda Life Insurance Company Jul 2020 Director, Executive Vice President, Executive Officer, Meiji Yasuda Life Insurance Company Jul 2021 Director, Representative Executive Vice President, Executive Officer, Meiji Yasuda Life Insurance Company Apr 2024 Director, Meiji Yasuda Life Insurance Company Jun 2024 Outside Audit & Supervisory Board Member, Topy Industries, Ltd. (current); Director, Audit and Supervisory Committee Member, Hokuhoku Financial Group, Inc. (current) Jul 2024 Representative Director, Chairman, Meiji Yasuda General Insurance Co., Ltd. (current)
1961-03-19
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Wellington Management Company LLP
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4.50%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-29
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-23
Large Shareholding Report
EDINET
2026-06-16
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-09
Large Shareholding Report
EDINETAmended
2026-06-09
Change Report
TDnet
2026-05-28
株主総会招集通知
EDINET
2026-05-11
Large Shareholding Report
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-14
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINETAmended
2025-09-16
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-07-25
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-17
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-03
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-15
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-29
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
2023-11-17
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-13
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-14
Quarterly Securities Report
EDINET
2022-08-12
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-19
Quarterly Securities Report
EDINET
2021-08-11
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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