- Business
- The Hyakugo Bank, Ltd. (8368.T) operates as a regional bank in Japan, providing comprehensive banking and financial services to individual and corporate customers primarily in Mie and Aichi Prefectures. The bank offers deposit products including ordinary, fixed-term, savings-term, green, and foreign currency deposits; loan services such as multi-purpose car, education, loan-free, housing, renovation, student, card, and other purpose loans; domestic and foreign exchange services; investment trust and insurance counter sales; financial product intermediation; merger and acquisition advisory; syndicated loans; credit and debit cards; medical, cancer, disability, income protection, individual annuity, term, whole life, student, accident, overseas travel, and fire insurance; foreign remittance; pension and inheritance-related services; currency exchange; direct debit reception; fund transfer; direct and phone banking; fund raising and business support; fund settlement; convenience store storage; leasing consultation; management consulting; system development consultation; bills receivable management; night deposits; and corporation cards. It also provides credit card and guarantee services, regional industry survey and consulting, computer information processing, financial instruments transactions, cash examination and arrangement, collateralized real estate survey and appraisal, employment placement and labor management, printing, storage, and administrative services for documents and account books, as well as management and administrative services for bank notes and bonds; operations include 85 branches and 30 sub-branches in Mie Prefecture, 21 branches in Aichi Prefecture, 1 branch in Wakayama Prefecture, 2 branches in Tokyo and Osaka, and representative offices in Singapore, Shanghai, and Bangkok, with 205 ATMs. Founded in 1878 and headquartered in Tsu, Mie Prefecture, Japan, the bank operates through Banking, Leasing, and Others segments, with subsidiaries including Hyakugo Computer Soft, Ltd. for lease services, fund development, computer-related contracted services, and software sales; Hyakugo Securities for investment-related activities; and maintains a focus on small and medium-sized enterprises, consumer loans, housing loans, and sustainable finance initiatives targeting carbon neutrality and regional decarbonization support. Recent developments include the completion of a share buyback program in August 2025, acquiring 3,434,000 shares for ¥2.5 billion to enhance shareholder value and refine capital structure; a partnership with Net Protections in May 2024 to introduce BNPL services aimed at streamlining operations and boosting customer sales; provision of banking apps to Kawasaki Shinkin Bank in November 2025; an overseas coordinated financing deal with Japan Finance Corporation using the overseas business support package in November 2025; and the launch of the "Hyakugo Decarbonization Support Services" with local government collaborations in Ise and Toba cities for decarbonization seminars and subsidies, alongside ongoing execution of the medium-term management plan "KAI-KAKU 150 2nd STAGE 'Gateway to the Future II'" emphasizing loan growth, productivity increases, and ESG strategies with targets for ¥15 billion consolidated net income, ROE above 3.5%, and ¥1 trillion in sustainable finance by FY2030.