Overview
Banks

THE TOCHIGI BANK,LTD.

The Tochigi Bank is a regional bank headquartered in Utsunomiya, Tochigi Prefecture, providing a full range of banking services including deposits, loans, foreign exchange, and securities investment through its head office and 78 branch locations. The Bank's group also encompasses financial product trading, leasing, credit guarantee, credit card, and renewable energy generation and sales businesses through six consolidated subsidiaries. The group focuses on supporting regional economic development in Tochigi Prefecture and surrounding areas.

Market Cap
¥95.5B
US$609M
EV
¥—B
Stock¥917▼-2.96%
US$1 = ¥156.80 (2026-10-23)
ROE
5.3%
* LTM NI / end-of-period equity
PBR
0.6
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+62.1%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Oct 29, 25Buying on expectations of strong interim earnings
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Performance & Balance
Revenue 5Y (¥B)
41.6US$266M'22/345.2US$288M'23/345.3US$289M'24/345.1US$288M'25/354.6US$348M'26/3
Net Income 5Y (¥B)
3.63US$23.1M'22/32.65US$16.9M'23/32.10US$13.4M'24/3-22.3-US$142M'25/38.29US$52.9M'26/3
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
888US$5.66B'22/3563US$3.59B'23/3572US$3.65B'24/3684US$4.37B'25/3462US$2.94B'26/3
Shareholders
Top 10 hold 37.3%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
13.45%
2
Custody Bank of Japan, Ltd. (Trust Account)
5.00%
3
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd.)
4.05%
4
THE TOCHIGI BANK,LTD. Stock Ownership Association
4.01%
5
BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC; Standing Proxy: MUFG Bank, Ltd.)
2.71%
6
Kei TAKAHASHI
2.34%
7
THE TOWA BANK,LTD.
1.72%
8
Meiji Yasuda Life Insurance Company
1.34%
9
Sumitomo Life Insurance Company
1.34%
10
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.29%
Management
16 officers
Hiroyuki NAKADA
Representative Director, President
Apr 1988 Joined the Bank Jun 2009 General Manager, Higashi-Koshigaya Branch Apr 2015 General Manager, Corporate Business Support Office, Corporate Banking Division Jun 2018 General Manager, Administration Division Jun 2019 Director, General Manager, Koshigaya Branch Jun 2021 Director, General Manager, Corporate Planning Division Jun 2023 Managing Director Jun 2024 Director, President (current)
1965-04-29
Yoshimori TOMIKAWA
Representative Director, Senior Managing Director
Apr 1985 Joined the Bank Jun 2007 General Manager, Sengendai Branch Mar 2017 General Manager, Financial Services Division Jul 2019 Executive Officer, General Manager, Corporate Banking Division Jun 2021 Director, General Manager, Corporate Banking Division Jun 2022 Managing Director Jun 2024 Senior Managing Director (current)
1962-04-28
Takashi OGIWARA
Managing Director
Apr 1990 Joined the Bank Oct 2010 General Manager, Oyama Branch Jul 2020 Executive Officer, General Manager, Yonan Branch Jun 2021 Executive Officer, General Manager, Audit Division Jun 2022 Director, General Manager, Audit Division Jun 2023 Director, General Manager, Corporate Planning Division Jun 2024 Managing Director (current)
1968-03-29
Yukimasa SUDO
Director
Apr 1995 Joined the Bank Apr 2015 General Manager, Nikko Branch Apr 2017 General Manager, Ohtawara Branch Jun 2021 General Manager, Yonan Branch Jul 2022 Executive Officer, General Manager, Yonan Branch Jun 2023 Executive Officer, General Manager, Koshigaya Branch Oct 2024 Executive Officer, Head of Saitama Area Headquarters, Sales Management Division Jun 2025 Director, Head of Saitama Area Headquarters, Sales Management Division (current)
1972-11-29
Akiko KAMEOKA
Director
Apr 2005 Joined the Legal Training and Research Institute, Supreme Court of Japan Sep 2006 Completed training, Legal Training and Research Institute, Supreme Court of Japan Oct 2006 Registered as attorney (Tokyo Bar Association) Oct 2006 Joined Tsuyuki & Akazawa Law Office Feb 2011 Left Tsuyuki & Akazawa Law Office Feb 2011 Registered as attorney (Tochigi Bar Association) Feb 2011 Joined Hotaka Sogo Law Office LLP Jun 2019 Director of the Bank (current)
1979-03-04
Yasuhisa OTANI
Director
Apr 1980 Joined Japan Travel Bureau, Inc. (now JTB Corp.) Feb 2002 General Manager, Overseas Independent Travel Center, JTB Corp.; Representative Director, ABI Co., Ltd. Jun 2006 Director, General Manager, Sales Planning Division, JTB World Vacations Inc. Jun 2011 Managing Director, General Manager, Products Division, JTB World Vacations Inc. Apr 2012 Executive Officer, General Manager, Travel Business Division, JTB Corp. Jun 2012 Director, General Manager, Travel Business Division, JTB Corp. Apr 2014 Director, JTB Corp.; Representative Director, President, JTB Domestic Travel Planning Co., Ltd. Jun 2014 Managing Director, JTB Corp.; Representative Director, President, JTB Domestic Travel Planning Co., Ltd. Jun 2018 Managing Director, in charge of Group Culture Reform and CISO, JTB Corp. Jun 2019 Managing Executive Officer, in charge of Group Culture Reform and CISO, JTB Corp. Apr 2020 Managing Executive Officer, JTB Corp. Jun 2020 Retired from JTB Corp. Jun 2021 Director of the Bank (current)
1958-02-27
Masatoshi ARAKAWA
Director
Apr 1979 Joined Tochigi Prefectural Government Apr 2008 Chief Officer, General Affairs Section, Education Office, Tochigi Prefectural Government Apr 2010 Manager, Business Support Division, Industry, Labor and Tourism Department Apr 2012 Crisis Management Director, Prefectural Life Department Apr 2014 Director-General, Industry, Labor and Tourism Department Mar 2016 Retired at mandatory retirement age Apr 2016 Chairman, Tochigi Prefectural Sports Association (public interest foundation) Mar 2019 Retired from Tochigi Prefectural Sports Association Apr 2019 Superintendent, Tochigi Prefectural Board of Education Mar 2022 Retired Jun 2022 Director of the Bank (current)
1955-08-29
Kazuko YOSHIZAWA
Director
Oct 1996 Joined Chuo Audit Corporation (now PricewaterhouseCoopers Japan LLC) Aug 1999 Left Chuo Audit Corporation Jun 2000 Joined Daiwa SB Capital Markets Co., Ltd. (now Daiwa Securities Co. Ltd.) Jun 2001 Resigned from Daiwa SB Capital Markets Co., Ltd. Jul 2001 Joined Financial Services Agency, Inspection Bureau (part-time) Jun 2003 Term expired Sep 2003 Registered as Certified Public Accountant (Tokyo) Oct 2003 Joined Tohmatsu & Co. (now Deloitte Tohmatsu LLC) Dec 2016 Left Tohmatsu & Co. Feb 2017 Joined Shin Nihon & Co. (now EY Shin Nihon LLP) Aug 2021 Left Shin Nihon & Co. Sep 2021 Established Yoshizawa Accounting Office Apr 2024 Lecturer (part-time), Faculty of Economics, Asia University (current) Jun 2024 Director of the Bank (current)
1970-08-01
Hideki TAKEZAWA
Director
Apr 1986 Joined Bank of Japan Sep 2010 Branch Manager, Maebashi Branch, Bank of Japan May 2012 Branch Manager, Yokohama Branch, Bank of Japan Jun 2014 Senior Coordinator, Operations Bureau, Bank of Japan May 2015 Branch Manager, Sendai Branch, Bank of Japan Jun 2017 Examiner, Inspection Office, Bank of Japan Jun 2019 Retired from Bank of Japan Jul 2019 Advisor, Japan Securities Analysts Association (public interest incorporated association) Aug 2019 Director, Secretary General, Japan Securities Analysts Association Aug 2021 Managing Director, Secretary General, Japan Securities Analysts Association Jun 2024 Retired from Japan Securities Analysts Association Jun 2024 Managing Director, Tokyo Securities Credit Cooperative Jun 2025 Retired from Tokyo Securities Credit Cooperative Jun 2025 Director of the Bank (current)
1963-08-19
Kenichi AKIMOTO
Director
Jun 2016 General Manager, Tokyo Branch Apr 2017 Chief Researcher, Tokyo Office, Secretariat Division Jun 2018 General Manager, Kaminokawa Branch Jun 2021 General Manager, Secretariat Division Jun 2023 General Manager, Compliance Division Jun 2024 General Manager, Corporate Planning Division and Affiliated Business Office Jul 2024 Executive Officer, General Manager, Corporate Planning Division and Affiliated Business Office (current)
Yoshihiro SHINOZAKI
Director
Jun 2012 General Manager, Higashi-Koshigaya Branch Apr 2015 General Manager, Ashikaga Branch Jun 2016 General Manager, Tochigi Branch Jun 2018 General Manager, Tokyo Branch Jul 2020 Executive Officer, General Manager, Tokyo Branch Jun 2021 Executive Officer, General Manager, Utsunomiya-Higashi Branch Jun 2023 Executive Officer, General Manager, Corporate Banking Division (current)
Minoru FUKUDA
Full-time Audit & Supervisory Board Member
Apr 1985 Joined the Bank Jun 2007 General Manager, Tochigi-Kita Branch Jun 2016 General Manager, Credit Examination Division Jul 2019 Executive Officer, General Manager, Credit Examination Division Apr 2021 Executive Officer, General Manager, Business Support Division Jun 2022 Full-time Audit & Supervisory Board Member (current)
1960-12-20
Norio ISHIWATARI
Full-time Audit & Supervisory Board Member
Apr 1985 Joined the Bank Jun 2007 General Manager, Yoshikawa Branch Jun 2018 General Manager, Compliance Division Jul 2020 Executive Officer, General Manager, Compliance Division Oct 2020 Executive Officer, General Manager, Human Resources Division Jun 2023 Full-time Audit & Supervisory Board Member (current)
1963-03-30
Hideyuki SUGA
Audit & Supervisory Board Member
Apr 1977 Joined Nippon Kogyo Bank (now Mizuho Bank) Sep 1982 Vice Chairman, Suga Gakuen, concurrently Councilor (current) Oct 1999 Deputy General Manager, Tenth Corporate Banking Department and Operations Department, Head Office, Nippon Kogyo Bank Sep 2000 Resigned from Nippon Kogyo Bank Apr 2003 President, Nasu University (now Utsunomiya Kyowa University) (current) Apr 2004 President, Utsunomiya Junior College (current) Nov 2007 Vice Chairman, Utsunomiya Chamber of Commerce and Industry Apr 2010 Principal, Utsunomiya Junior College Affiliated Junior High School (current) Apr 2015 Principal, Utsunomiya Junior College Affiliated Senior High School (current) Apr 2019 Chairman of the Board, Suga Gakuen (current) Jun 2020 Audit & Supervisory Board Member of the Bank (current)
1955-01-25
Yutaka MIYAUCHI
Audit & Supervisory Board Member
Apr 1981 Joined Ministry of Finance Jul 1987 Director, Nada Tax Office, Osaka Regional Taxation Bureau Aug 2012 Commissioner, Kanto-Shinetsu Regional Taxation Bureau Jul 2013 Director-General, Customs and Tariff Bureau Jan 2016 Coordinator for Domestic Coordination, TPP Government Measures Headquarters, Cabinet Secretariat Jan 2017 Retired from Ministry of Finance Jun 2017 Advisor and Member of Management Council, Taiyo LLC (current) Jul 2017 Advisor, PwC Tax Advisors LLC (current) Sep 2017 Advisor, Sojitz Corporation (current) Jun 2021 Outside Director, Hashimoto Sogyo Holdings Co., Ltd. (current) Nov 2022 Representative Director and Chairman, Japan Real Estate Institute (current) May 2023 Auditor, Japan Customs Association (public interest foundation) (current) Jun 2024 Audit & Supervisory Board Member of the Bank (current) Jan 2025 Expert Member, Customs and Foreign Exchange Deliberation Council, Ministry of Finance (current)
1958-05-27
Naoyuki OKAMOTO
Director, Audit and Supervisory Committee Member
Apr 1985 Joined Ministry of Finance Jul 1990 Director, Itako Tax Office, Kanto-Shinetsu Regional Taxation Bureau Aug 2007 Senior Planning Officer (special assignment to the Governor), Nagano Prefecture Jul 2009 Budget Examiner, Budget Bureau, Ministry of Finance Jun 2013 Deputy Director-General (in charge of Financial Bureau), Minister's Secretariat, Ministry of Finance Jul 2014 Deputy Cabinet Councilor, Cabinet Secretariat; Deputy Director-General, Secretariat for Japan's Economic Regeneration Jul 2017 Deputy Director-General, Secretariat for Regional Revitalization, Cabinet Office Jul 2018 Chief Policy Planning Coordinator, Minister's Secretariat, Ministry of Finance Jul 2020 Director-General for Policy Coordination, Ministry of Land, Infrastructure, Transport and Tourism Aug 2021 Retired from Ministry of Finance Aug 2021 Secretary to Minister of State Nishimura (resigned Oct 2021) Dec 2021 Advisor, Sumitomo Mitsui Banking Corporation (resigned Nov 2025) May 2022 Outside Director, Plenus Co., Ltd. (current) Apr 2025 Advisor to the President, University of Tokyo; Visiting Professor, GX Strategy Promotion Center (current)
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-07-30
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-19
Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2026-06-01
株主総会招集通知
TDnet
2026-01-30
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
TDnet
2025-07-30
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-01-31
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-07-31
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-27
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-02-05
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-11-14
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-02
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-28
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-06
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-10
Quarterly Securities Report
EDINET
2022-08-05
Quarterly Securities Report
EDINET
2022-06-29
Annual Securities Report
EDINET
2022-02-04
Quarterly Securities Report
EDINET
2021-11-15
Quarterly Securities Report
EDINET
2021-08-03
Quarterly Securities Report
EDINET
2021-06-29
Annual Securities Report
EDINET
2021-02-05
Quarterly Securities Report
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