Bank Of The Ryukyus,Limited (8399) AI Stock Analysis

Bank Of The Ryukyus,Limited

(TSE/TYO:8399)

Select Model

Rating:73Outperform

Price Target:JPY 3,135.00▲(11.49% Upside)

Action:reiterated

Date:08/17/26

The overall score of 73 is primarily driven by solid top-line financial growth, a de-risked balance sheet, and strong bullish technical momentum. Valuation remains fair with a reasonable P/E ratio and solid dividend yield, though unpredictable cash generation warrants ongoing monitoring.

Positive Factors

Revenue and profit growthStrong recent revenue re-acceleration and higher net income indicate improving business momentum across the bank’s core activities. If maintained, this growth can strengthen earnings capacity, support investment in customer services, and provide a firmer base for performance over the next several quarters.

Negative Factors

Volatile cash generationLarge swings in operating and free cash flow make internally generated funding less predictable, even when reported earnings are growing. This variability can complicate capital planning, reduce flexibility for investment or shareholder distributions, and leave results more sensitive to changes in banking flows.

Bank Of The Ryukyus,Limited (8399) vs. iShares MSCI Japan ETF (EWJ)

Market Cap: JPY 115.31B
Dividend Yield: 3.91%
Average Volume (3M): 170.24K
Price to Earnings (P/E): 12.1
Beta (1Y): 1.22
Revenue Growth: 18.71%
EPS Growth: 51.71%
Country: Japan
Employees: 1,802
Sector: General
Sector Strength: 55
Industry: Banks - Regional

Bank Of The Ryukyus,Limited Business Overview & Revenue Model

Company Description

Operating across Japan, The Bank of The Ryukyus, Limited delivers a comprehensive suite of financial and banking solutions. Its offerings include a variety of deposit accounts, such as savings, fixed-term, and property deposits. The institution provi...

How the Company Makes Money

The company primarily makes money through (1) net interest income, (2) fee and commission income, and (3) other financial income and gains. 1) Net interest income (core earnings driver): The bank collects interest from loans and other interest-bearin...

Bank Of The Ryukyus,Limited Financial Statement Overview

Summary

Earns a score of 71 due to strong revenue growth and a highly stable balance sheet with significantly reduced debt, though this is tempered by extreme historical volatility and recently negative free cash flow.

Income Statement

85Very Positive

Balance Sheet

82Very Positive

Cash Flow

45Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	82.10B	78.89B	62.74B	58.56B	52.98B	51.62B
Gross Profit	75.26B	73.12B	60.70B	56.55B	52.01B	51.45B
EBITDA	13.50B	16.48B	11.48B	11.53B	11.42B	11.12B
Net Income	9.49B	9.08B	5.75B	5.65B	5.90B	5.59B
Balance Sheet
Total Assets	3.15T	3.11T	2.98T	3.07T	3.04T	3.06T
Cash, Cash Equivalents and Short-Term Investments	264.11B	161.55B	171.57B	341.75B	598.66B	770.55B
Total Debt	14.42B	15.75B	19.54B	82.95B	104.86B	585.72B
Total Liabilities	3.00T	2.96T	2.84T	2.92T	2.90T	2.93T
Stockholders Equity	146.61B	145.52B	139.83B	142.56B	138.16B	135.02B
Cash Flow
Free Cash Flow	0	-2.23B	15.89B	0	-56.59B	282.68B
Operating Cash Flow	0	7.02B	26.36B	0	-52.27B	22.56B
Investing Cash Flow	0	-130.51B	-113.69B	-265.72B	-116.73B	-38.66B
Financing Cash Flow	0	112.80B	-83.19B	10.93B	-2.90B	116.82B

Bank Of The Ryukyus,Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price2812.00

Price Trends

50DMA3107.97Negative

100DMA2922.28Negative

200DMA2607.47Positive

Market Momentum

MACD-98.46Positive

RSI39.79Neutral

STOCH73.95Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8399, the sentiment is Negative. The current price of 2812.00 is below the 20-day moving average (MA) of 2950.75, below the 50-day MA of 3107.97, and above the 200-day MA of 2607.47, indicating a neutral trend. The MACD of -98.46 indicates Positive momentum. The RSI at 39.79 is Neutral, neither overbought nor oversold. The STOCH value of 73.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8399.

Bank Of The Ryukyus,Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

JP:8399 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JP:8387	81Outperform	JPY 161.13B	9.40	―	1.91%	36.24%	144.55%
JP:8393	75Outperform	JPY 210.22B	13.81	―	2.03%	8.31%	47.11%
JP:8399	73Outperform	JPY 119.28B	12.14	―	3.91%	18.71%	51.71%
JP:7350	71Outperform	JPY 153.46B	12.44	―	2.78%	20.97%	40.16%
JP:8395	67Neutral	JPY 107.74B	10.71	―	1.92%	15.70%	63.78%
JP:8392	58Neutral	JPY 225.26B	19.39	4.63%	1.45%	25.47%	54.85%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

JP:8399 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
JP:8399	Bank Of The Ryukyus,Limited	2812.00	1367.34	94.65%
JP:8392	Oita Bank	2888.00	1886.30	188.31%
JP:7350	Okinawa Financial Group, Inc.	7190.00	3459.61	92.74%
JP:8387	Shikoku Bank Ltd.	3920.00	2497.71	175.61%
JP:8393	Miyazaki Bank Ltd.	2465.00	1556.11	171.21%
JP:8395	Bank of Saga Ltd.	6500.00	3358.84	106.93%

Bank Of The Ryukyus,Limited Corporate Events

Bank of The Ryukyus Reports Bond Valuation Losses but Keeps Earnings Outlook Intact

Oct 23, 2026

Bank of The Ryukyus, Ltd., a regional bank headquartered in Okinawa and listed on the TSE Prime Market and FSE, operates primarily in retail and corporate banking and manages a substantial portfolio of held-to-maturity bonds. Its business model ties...

Bank of The Ryukyus Lifts Half-Year Earnings Forecast on Strong Interest Income

Oct 23, 2026

Bank of The Ryukyus has sharply raised its earnings forecast for the six months to September 30, 2026, reflecting stronger-than-expected growth in interest income from loans, discounts, and securities. Consolidated ordinary profit is now projected at...

Bank of The Ryukyus Finalizes Adjusted Treasury Share Disposal for Employee Stock Plan

Oct 16, 2026

Bank of The Ryukyus has completed payment procedures for the disposal of treasury shares under a restricted stock incentive plan for its Group Employee Stock Ownership Association, implementing a third-party allotment of common shares. The move under...

Bank of The Ryukyus Lifts Quarterly Profit and Plans Higher Dividend Amid Steady Balance Sheet

Aug 14, 2026

Bank of The Ryukyus reported a solid start to its fiscal year, with ordinary income for the three months ended June 30, 2026 rising 16.6% year on year to ¥22.7 billion and ordinary profit climbing 24.9% to ¥4.37 billion. Profit attributable...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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: Aug 17, 2026

Bank Of The Ryukyus,Limited AI Stock Analysis