Overview
Banks

The Bank of Nagoya,Ltd.

The Bank of Nagoya is a regional bank headquartered in Nagoya, Aichi Prefecture, providing a full range of banking services including deposit-taking, lending, domestic and foreign exchange, and securities investment through a network of 112 branches and 1 sub-branch, plus one overseas branch. The Group also operates complementary financial services through subsidiaries engaged in comprehensive finance leasing (Nagoya Lease), credit card and credit guarantee businesses (Nagoya Card, Nagoya M.C. Card), and venture capital fund management (Nagoya Capital Partners). Additionally, the Group offers medical systems and ICT support services through its subsidiary NICE Co., Ltd.

Market Cap
¥281B
US$1.79B
EV
¥—B
Stock¥5,720▼-3.38%
US$1 = ¥156.80 (2026-10-23)
ROE
6.9%
* LTM NI / end-of-period equity
PBR
0.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+33.1%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Apr 1, 26Basic agreement for merger with Shizuoka FG
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Performance & Balance
Revenue 5Y (¥B)
77.8US$496M'22/379.8US$509M'23/3101US$646M'24/3103US$656M'25/3124US$794M'26/3
Net Income 5Y (¥B)
11.6US$74.3M'22/38.38US$53.4M'23/310.0US$64.0M'24/314.7US$93.9M'25/320.3US$129M'26/3
Capital Structure
97%
EquityD/E 0.03xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
845US$5.39B30.0US$191M'22/3447US$2.85B20.0US$128M'23/3551US$3.51B20.0US$128M'24/3705US$4.50B10.0US$63.8M'25/3765US$4.88B10.0US$63.8M'26/3
Shareholders
Top 10 hold 36.6%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
9.02%
2
MORGAN STANLEY & CO. LLC (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
4.54%
3
Nippon Life Insurance Company
4.43%
4
Meiji Yasuda Life Insurance Company
3.54%
5
Sumitomo Life Insurance Company
3.14%
6
Meigin Minorikai
2.88%
7
Mizuho Bank, Ltd.
2.57%
8
Custody Bank of Japan, Ltd. (Trust Account)
2.28%
9
Taiju Life Insurance Company Limited
2.24%
10
TOHO GAS CO.,LTD.
1.96%
Management
11 officers
Ichiro FUJIWARA
Representative Director, President, Director, President; in charge of Internal Audit Department
Apr 1987 Joined The Industrial Bank of Japan, Ltd. Apr 2002 Mizuho Bank, Ltd. Aug 2003 Joined the Bank; Deputy Manager, Loans Department Jan 2004 Deputy Manager, Head Office Sales Department Oct 2004 General Manager, Nagoya-Ekimae Branch Jun 2005 Executive Officer; General Manager, Nagoya-Ekimae Branch Jun 2006 Managing Director; General Manager, Head Office Sales Department Jun 2008 (position not stated in source) Jun 2013 (position not stated in source) Jun 2017 Managing Director; Deputy President; Director, President (current)
1965-01-12
Masao MINAMIDE
Senior Managing Director (Representative Director); in charge of Corporate Planning Department and Business Support Department
Apr 1988 Joined the Bank May 2009 General Manager, Ichinomiya-Nishi Branch Oct 2010 General Manager, Narumi Branch Jun 2012 Deputy General Manager, General Planning Department Jan 2014 Deputy Manager, General Planning Department Apr 2014 General Manager, Toyota-Minami Branch Apr 2016 General Manager, Personal Banking Department Apr 2018 General Manager, Corporate Planning Department Jun 2018 Executive Officer; General Manager, Corporate Planning Department Jun 2020 Director; General Manager, Corporate Planning Department Jun 2021 Managing Director Jun 2024 Senior Managing Director (current)
1965-09-05
Hideki MIZUNO
Managing Director; in charge of Operations Department, Internal Control Department, Human Resources Development Department and Tokyo Office
Apr 1990 Joined the Bank Jun 2012 General Manager, Kobutsume Branch Apr 2014 Deputy Manager, General Planning Department Oct 2014 Deputy General Manager, General Planning Department Apr 2015 Deputy General Manager, Corporate Planning Department Jul 2015 Deputy Manager, Corporate Planning Department Oct 2018 General Manager, Imaike Branch May 2020 Staff General Manager, Corporate Planning Department; Head of Next-Generation System Transition Office Sep 2020 General Manager, Operations Systems Department; Head of Next-Generation System Transition Office, Corporate Planning Department Feb 2021 General Manager, Operations Systems Department Jun 2021 Executive Officer; General Manager, Corporate Planning Department Jun 2022 Director; General Manager, Corporate Planning Department Jun 2023 Managing Director (current)
1968-03-04
Kazu KONDO
Managing Director; in charge of Financial Investment Department
Apr 1990 Joined the Bank Jan 2012 Deputy Manager, General Planning Department Apr 2014 Deputy General Manager, General Planning Department Oct 2014 General Manager, Hamamatsu Branch Apr 2017 Deputy General Manager, Market Sales Department Apr 2019 General Manager, Financial Investment Department Jun 2021 Executive Officer; General Manager, Financial Investment Department Jun 2022 Director; General Manager, Financial Investment Department Jun 2023 Director; General Manager, Corporate Planning Department Jun 2024 Managing Director (current)
1967-01-18
Sadaharu SHIMIZU
Managing Director; General Manager, Sales Division
Apr 1989 Joined the Bank Jun 2010 General Manager, Aisai Branch Jun 2012 General Manager, Biwajima-dori Branch Jul 2014 General Manager, Rokuban-cho Branch Apr 2016 General Manager, Toyohashi Branch Apr 2018 Manager, Nagoya-Kita Area; General Manager, Fujigaoka Branch Jun 2020 Executive Officer; Manager, Kamimaezu Area; General Manager, Kamimaezu Branch Jun 2023 Director; General Manager, Business Support Department Jun 2025 Managing Director (current)
1966-12-25
Kenshin KONDO
Director (Audit and Supervisory Committee Member, Full-time)
Apr 1991 Joined the Bank Jul 2017 Deputy Manager, Internal Control Department Jan 2020 Deputy General Manager, Internal Control Department Jul 2021 Deputy Manager, Internal Control Department Jun 2023 General Manager, Internal Control Department Jun 2026 Scheduled to assume office as Director (Audit and Supervisory Committee Member)
1968-09-01
Yukie KINUKAWA
Outside Director
Apr 1988 Joined Fuji Bank, Ltd. Aug 2004 General Manager, Market Sales Department No. 4, Mizuho Securities Co., Ltd. Jun 2008 General Manager, Diversity Promotion Office, Human Resources Department, Mizuho Securities Co., Ltd. Apr 2010 General Manager, Wealth Management Department, Mizuho Securities Co., Ltd. Apr 2013 General Manager, Seijo Branch, Mizuho Securities Co., Ltd. Apr 2015 General Manager, Nagoya-Ekimae Branch, Mizuho Securities Co., Ltd. Apr 2017 Executive Officer; General Manager, Nagoya Branch, Mizuho Securities Co., Ltd. Apr 2019 Executive Officer; in charge of Retail and Corporate Sales, Mizuho Securities Co., Ltd. Apr 2021 Representative Director, President, Mizuho Business Partner Co., Ltd. Jun 2023 Director of the Bank (current) Jun 2025 Outside Director (Audit and Supervisory Committee Member), Riken Technos Corporation (current) Jun 2025 Outside Audit & Supervisory Board Member, Nissan Chemical Corporation (current) Jun 2025 Outside Director, Takachiho Koeki Co., Ltd. (current)
1964-11-26
Akemi YOSHIDA
Outside Director
Apr 2000 Associate Professor, Faculty of Human Sciences, Hiroshima Bunkyo Women's University (now Hiroshima Bunkyo University) Apr 2007 Professor, Faculty of Human Relations, Sugiyama Jogakuen University (current) Apr 2022 Professor, Graduate School of Human Relations, Sugiyama Jogakuen University (current) Apr 2022 Director, Career Development Center, Sugiyama Jogakuen University Apr 2024 Director, Total Life Design Center, Sugiyama Jogakuen University (current) Jun 2025 Outside Director of the Bank (current) Apr 2026 Trustee, Sugiyama Jogakuen Educational Corporation (current)
1957-03-29
Etsuo OGAWA
Outside Director (Audit and Supervisory Committee Member)
Apr 1974 Joined Aichi Prefectural Government Apr 2002 Coordinator, Governor's Office, General Affairs Division, Aichi Prefectural Government Apr 2004 Deputy Director, General Affairs Division, Aichi Prefectural Government Apr 2007 Director-General, Governor's Policy Bureau, Aichi Prefectural Government Apr 2010 Vice Governor, Aichi Prefecture May 2014 Chairman, Aichi Health Promotion Foundation (public interest incorporated foundation) Jul 2015 Chairman, Aichi Credit Guarantee Association Jun 2024 Outside Director (Audit and Supervisory Committee Member) of the Bank (current)
1951-12-08
Minoru WATANABE
Outside Director (Audit and Supervisory Committee Member)
Apr 1978 Joined Chubu Electric Power Co., Inc. Jul 2007 Executive Officer; General Manager, Corporate Sales Department, Sales Division Jul 2008 Executive Officer; General Manager, Sales Department, Sales Division Jul 2009 Managing Executive Officer; General Manager, Sales Department, Sales Division Jul 2011 Director; Managing Executive Officer; General Manager, Sales Division Jul 2012 Director; Managing Executive Officer; General Manager, Customer Division Jun 2015 President, Chudenko Auto Lease Co., Ltd. Apr 2018 President, Chuden Real Estate Co., Ltd. Jun 2024 Outside Director (Audit and Supervisory Committee Member) of the Bank (current)
1955-09-27
Miho MORI
Outside Director (Audit and Supervisory Committee Member)
Apr 1996 Registered as Attorney-at-Law (Nagoya Bar Association, now Aichi Bar Association) Apr 1996 Joined Nasu Kunihiro Law Office Sep 2002 Opened Mori Miho Law Office (now Mori Law Office) (current) Jun 2021 Outside Director, Protocorporation Co., Ltd. Mar 2022 Outside Director (Audit and Supervisory Committee Member), Hatsuho Shoji Co., Ltd. (current) Jun 2024 Outside Director (Audit and Supervisory Committee Member) of the Bank (current)
1963-09-30
Large Shareholding Reports
Mizuho Bank, Ltd.
2026-06-05
2.52%→1.59%
Annual report (as of 2026-03-31): 2.57%
Wellington Management Company LLP
2026-04-20
6.55%→5.54%
Wellington Management Company LLP
2026-02-18
8.20%→6.55%
Nippon Life Insurance Company
2025-12-22
3.68%→4.41%
Annual report (as of 2026-03-31): 4.43%
Wellington Management Company LLP
2025-11-05
7.00%→8.20%
Wellington Management Company LLP
2025-10-07
5.50%→7.00%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-05
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-18
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-05
Large Shareholding Report
EDINET
2026-04-20
Large Shareholding Report
EDINET
2026-02-18
Large Shareholding Report
TDnet
2026-02-06
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-22
Large Shareholding Report
EDINET
2025-11-27
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-11-05
Large Shareholding Report
EDINET
2025-10-07
Large Shareholding Report
TDnet
2025-08-06
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-26
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-07
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-28
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-02
Q1 Earnings Flash
FY ending Mar 2025
EDINETAmended
2024-07-16
Amended Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-06-24
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-08
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-24
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-03
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-26
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-09
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-24
Quarterly Securities Report
EDINET
2022-08-04
Quarterly Securities Report
EDINET
2022-06-27
Annual Securities Report
EDINET
2022-02-10
Quarterly Securities Report
EDINET
2021-11-24
Quarterly Securities Report
EDINET
2021-08-05
Quarterly Securities Report
EDINET
2021-06-28
Annual Securities Report
EDINET
2021-02-10
Quarterly Securities Report
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