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Shiga Bank, Ltd. (8366) AI Stock Analysis
Shiga Bank, Ltd.
(TSE/TYO:8366)
Shiga Bank earns a moderate score. Financial performance is the dominant factor and is mixed: revenue and net income are growing consistently and leverage is improving, but return on equity remains stubbornly low near 4%, margins are compressing, and cash flows are highly volatile, including a zero operating cash flow reading in FY2025. The strongest support comes from technicals, with the stock trading above all key moving averages on positive MACD momentum, though the elevated stochastic signals a near-term extended position. Offsetting this, valuation looks stretched at a P/E of 29.2 against modest profitability, with a 1.28% dividend yield providing only limited support. Earnings call and corporate event components were excluded due to a lack of data, with their weight redistributed across the remaining factors.
Shiga Bank, Ltd. (8366) vs. iShares MSCI Japan ETF (EWJ)
- Market Cap
- JPY 553.78B
- Dividend Yield
- 1.70%
- Average Volume (3M)
- 829.78K
- Price to Earnings (P/E)
- 20.0
- Beta (1Y)
- 1.34
- Revenue Growth
- 23.01%
- EPS Growth
- 25.19%
- Country
- Japan
- Employees
- 2,243
- Sector
- General
- Sector Strength
- 55
- Industry
- Banks - Regional
Shiga Bank, Ltd. Business Overview & Revenue Model
Company Description
Established in 1933 and headquartered in Otsu, Japan, The Shiga Bank, Ltd. operates as a comprehensive financial institution, delivering a wide array of banking services to customers both domestically and internationally. Its diverse offerings includ...
How the Company Makes Money
Shiga Bank’s earnings are primarily generated through its banking operations. The main revenue stream is interest income: the bank collects interest on loans and other interest-earning assets (such as securities) and pays interest on deposits and oth...
Shiga Bank, Ltd. Financial Statement Overview
Summary
Shiga Bank shows steady top-line and earnings growth, with revenue climbing toward an estimated ¥155.6 billion in FY2026 and net income rising to about ¥21.3 billion (Income Statement: 62). The balance sheet is stable, with equity growing to roughly ¥509 billion and leverage improving from 3.0x to about 1.98x, but return on equity remains low at 3–4% (Balance Sheet: 55). Cash flow is the weakest element, with extreme swings from ¥1.24 trillion to negative ¥483 billion and a zero reading in FY2025, obscuring underlying cash generation (Cash Flow: 40). Overall, the profile is one of a financially stable but modestly profitable regional bank with margin compression and unpredictable cash flows.
Income Statement
62PositiveBalance Sheet
55NeutralCash Flow
40Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 168.12B | 155.64B | 142.99B | 120.44B | 113.52B | 93.75B |
| Gross Profit | 138.19B | 128.79B | 115.24B | 98.44B | 103.25B | 89.19B |
| EBITDA | 33.91B | 31.63B | 27.75B | 26.14B | 22.01B | 25.66B |
| Net Income | 24.49B | 21.29B | 18.72B | 15.94B | 14.86B | 17.71B |
Balance Sheet | ||||||
| Total Assets | 7.94T | 7.67T | 7.53T | 7.97T | 7.31T | 7.54T |
| Cash, Cash Equivalents and Short-Term Investments | 1.11T | 1.04T | 898.94B | 1.36T | 1.20T | 1.75T |
| Total Debt | 952.84B | 1.01T | 1.21T | 1.47T | 776.55B | 1.27T |
| Total Liabilities | 7.30T | 7.16T | 7.08T | 7.48T | 6.86T | 7.07T |
| Stockholders Equity | 645.66B | 509.02B | 444.81B | 490.89B | 441.22B | 464.21B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 16.37B | 0 | 368.47B | -488.52B | 0 |
| Operating Cash Flow | 0 | 19.09B | 0 | 369.60B | -483.43B | 0 |
| Investing Cash Flow | 0 | 51.47B | -47.63B | -288.59B | -57.99B | 21.82B |
| Financing Cash Flow | 0 | 42.67B | -381.21B | 565.53B | -7.95B | 200.07B |
Shiga Bank, Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8366, the sentiment is Negative. The current price of 2353.00 is below the 20-day moving average (MA) of 2692.65, below the 50-day MA of 2796.19, and above the 200-day MA of 2244.23, indicating a neutral trend. The MACD of -127.62 indicates Positive momentum. The RSI at 30.87 is Neutral, neither overbought nor oversold. The STOCH value of 21.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8366.
Shiga Bank, Ltd. Peers Comparison
Overall Rating
JP:738076Outperform
JP:836870Outperform
JP:835867Neutral
JP:836162Neutral
JP:836761Neutral- JP:836661Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| JP:7380 | 76Outperform | JPY 409.03B | 12.55 | ― | 2.55% | 16.26% | 41.29% |
| JP:8368 | 70Outperform | JPY 519.97B | 14.44 | 6.15% | 2.06% | 29.10% | 91.90% |
| JP:8358 | 67Neutral | JPY 462.80B | 10.01 | 13.74% | 2.82% | 12.60% | 148.64% |
| JP:8361 | 62Neutral | JPY 308.27B | 13.01 | ― | 6.39% | 39.26% | 34.23% |
| JP:8367 | 61Neutral | JPY 281.89B | 13.62 | ― | 3.04% | 12.74% | 38.29% |
| JP:8366 | 61Neutral | JPY 554.06B | 20.00 | ― | 1.70% | 23.01% | 25.19% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| JP:8366 | Shiga Bank, Ltd. | 2353.00 | 1101.22 | 87.97% | |
| JP:8368 | Hyakugo Bank | 2040.00 | 1109.20 | 119.17% | |
| JP:8358 | Suruga Bank | 2763.00 | 1286.07 | 87.08% | |
| JP:7380 | Juroku Financial Group,Inc. | 2273.50 | 1152.52 | 102.81% | |
| JP:8361 | Ogaki Kyoritsu Bank, Ltd. | 1471.00 | 743.46 | 102.19% | |
| JP:8367 | Nanto Bank Ltd. | 1712.00 | 702.36 | 69.57% |
Shiga Bank, Ltd. Corporate Events
Shiga Bank Moves Toward Management Consolidation With Senshu Ikeda Via Strategic Share Acquisition
The Shiga Bank, Ltd. has resolved to acquire shares of Senshu Ikeda Holdings, Inc. from Ariake Master Fund via a buy-up transaction deemed equivalent to a tender offer under Japan’s Financial Instruments and Exchange Act. This step follows the...
Shiga Bank and Senshu Ikeda Holdings Move Toward Kansai-Focused Management Integration
Shiga Bank and Senshu Ikeda Holdings have agreed to pursue a management consolidation, formalizing their collaboration with a memorandum of understanding approved by both boards. Building on their existing alliance, the groups aim to integrate manage...
Shiga Bank Confirms Talks on Possible Integration With Senshu Ikeda Holdings
Shiga Bank has responded to a report in The Nikkei Digital Edition stating that it is arranging a management integration with Senshu Ikeda Holdings, Inc. The bank clarified that, while it is indeed considering such an integration, the information rep...
Shiga Bank Posts Strong Basel III Capital Ratios as of June 2026
Shiga Bank reported its Basel III-based capital ratios as of June 30, 2026, showing a consolidated total capital ratio of 15.47%, with Tier 1 and common equity Tier 1 ratios at the same level. On a non-consolidated basis, the bank’s total capit...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 08, 2026