- Business
- The Shimane Bank, Ltd. The Shimane Bank, Ltd. (7150.T) operates as a regional bank primarily providing banking, leasing, and related financial services to individual and corporate customers in Japan, with a focus on Shimane and Tottori prefectures. The bank offers a comprehensive range of deposit products including ordinary, regular, and special yen deposits such as Shimagin Piska; lending solutions encompassing housing loans (e.g., Flat 35S, Anshin III, Super Housing Loan My Select), automobile loans, card loans (e.g., Shimagin Card Loan, Premium Gold Card Loan), education loans, multipurpose loans (e.g., Kai Soku Loan), and unsecured loans; investment products like investment trusts and individual defined contribution pensions (iDeCo); insurance offerings covering whole life, personal annuity, medical, cancer, income security, disability, and fire policies; and digital services via Shimagin app, corporate internet banking, and web-based loan applications. Founded in 1915 and headquartered in Matsue City, Shimane Prefecture, the bank maintains approximately 34 branches across its core regions and engages in general banking operations through segments including banking, leasing, and others, while providing financial product intermediation via partners like SBI Securities.
Recent developments include the launch of the corporate defined contribution pension "Dare demo DC NEO Plan" in October 2025, enhancing retirement savings options for businesses; a revised earnings forecast for the fiscal year ending March 2026 announced in November 2025, alongside the release of second-quarter financial results; a partnership agreement with Kurayoshi City in October 2025 to support business succession; initiation of SDGs declaration assistance for local firms in October 2025; adoption of OpenLegacy technology to bolster digital transformation platforms; and deployment of Lenovo TruScale Infrastructure as a Service as Japan's first financial institution to do so, modernizing IT procurement and operations. The bank also announced a branch network reorganization in November 2025 and the termination of the Shimagin Business Club service, reflecting ongoing operational streamlining.