Aozora Bank, Ltd.

Aozora Bank, Ltd.

19.80
EUR
+0.30
(+1.54%)
1.92BMarket Cap
Nov 11Next Earn
Aozora Bank, Ltd.
MUN:AON
(Munich Stock Exchange)

Recent

price

19.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
JPY
637.66
633.23
666.39
924.89
941.92
873.06
857.75
923.8
943.96
1,084.85
994.16
994.6
895.55
905.39
815.09
163,932.17
- -
Revenue per Share
219.47
309.61
293.81
362.9
374.56
372.94
375.94
369.16
309.67
241.19
248.26
299.81
74.66
-427.22
154.26
34,076.86
- -
Basic EPS, GAAP
907.58
-476.72
997.32
-783.65
-1,243.87
1,479.31
211.59
1,883.04
1,212.73
-2,496.05
6,189.43
2,126.96
-576.94
1,082.71
-473.46
166,191.14
- -
Free Cash Flow per Basic Share
21.5
34.48
113.25
441.05
333.66
357.81
185.99
186.99
173.99
150.99
128.99
137.97
158.99
115.98
56.22
16,142.93
- -
Dividend per Share
3,777.51
4,055.31
4,587.41
4,417.73
4,858.1
3,469.88
3,588.69
3,737.84
3,847.1
3,663.64
4,237.64
4,226.12
3,756.26
3,290.49
3,262.14
3,468.26
3,468.26
Book Value per Share
3,738.98
4,027.04
4,560.28
4,386.6
4,796.16
3,373.37
3,472.09
3,592.91
3,687.93
3,499.01
4,065.13
4,053.65
3,590.2
3,128.18
3,124.29
3,337.52
3,337.52
Tangible Book Value per Share
149
149
138
117
117
117
117
117
117
117
117
117
117
117
133
1
35
Basic Weighted Avg Shares
95,282
94,659
91,992
107,879
109,865
101,833
100,047
107,765
110,134
126,581
116,017
116,124
104,581
105,760
108,414
123,658
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
4,067
3,888
3,713
3,225
2,378
3,332
4,161
3,779
4,784
5,407
5,827
6,461
6,984
7,174
7,252
7,368
- -
Depreciation Expense
32,794
46,282
40,559
42,328
43,689
43,499
43,849
43,064
36,130
28,142
28,972
35,004
8,719
-49,904
20,518
25,705
- -
Net Income, GAAP
- -
- -
0.65
18.8
18.93
21.9
15.61
26.68
28.8
40.95
31.38
28.14
9.49
- -
- -
2.11
- -
Effective Tax Rate (%)
34.42
48.89
44.09
39.24
39.77
42.72
43.83
39.96
32.81
22.23
24.97
30.14
8.34
-47.19
18.93
20.79
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
753,327
574,566
561,479
523,297
584,537
557,781
616,640
663,811
656,228
726,273
563,668
617,422
683,386
744,697
855,940
893,355
893,355
LT Debt
565,184
607,580
535,839
516,038
567,413
405,497
420,344
437,233
448,708
424,759
490,006
487,265
431,120
391,076
459,685
491,610
491,610
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
3.55
3.96
3.99
4.11
4.4
4.08
3.47
2.72
2.83
3.43
0.97
- -
- -
1.84
- -
Return on Capital (%)
5.95
7.9
7.1
8.06
8.08
8.96
10.65
10.08
8.17
6.42
6.28
7.09
1.87
-12.13
4.91
5.52
- -
Return on Common Equity (%)

Capital Structure

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
138
138
138
Market Capitalization
298,293
324,161
352,824

Working Capital

JPY

•

in mil. unless spec.
Jun'26
Sep'26
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
1,710,799
1,508,492
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.34%
0.62%
6.94%
Free Cash Flow
-91.44%
-185.87%
-299.07%
Net Income, GAAP
-87.87%
-168.49%
25.28%
Sales/Revenue/Turnover
2.26%
1.57%
14.06%
Total Cash Common Dividend
-6.89%
2.66%
62.84%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27,932
36,485
21,962
19,381
105,760
2025
- -
- -
- -
- -
108,414
2026
- -
- -
- -
- -
123,658

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
57.98
7,135.38
-35,665.72
-49,206.41
-427.22
2025
- -
- -
- -
- -
154.26
2026
- -
- -
- -
- -
34,076.86

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
115.98
2025
- -
- -
- -
- -
56.22
2026
- -
- -
- -
- -
16,142.93
Business
Aozora Bank, Ltd. (8304.T) operates as a full-service commercial bank in Japan, providing retail banking, corporate finance, financial institutions services, specialty finance, international operations, and financial markets activities. The bank offers deposits, savings accounts, personal and corporate loans, credit cards, debit cards including Aozora Cash Card Plus, foreign exchange transactions, securities investments, investment trusts, structured notes, trust services, wealth management consulting, asset management, liabilities guarantee, securities lending, public bonds underwriting, custody, financial instruments intermediary, securitization, M&A advisory, business succession consulting, venture debt, equity and debt funding, structured finance, LBO loans, environmental financing, real estate non-recourse loans and equity investments, DIP finance, recovery financing, derivatives including interest rate and currency products, and digital banking via the BANK app with features such as attractive interest deposits, BANK The Story spending support, and BANK The Partner life planning services; it also provides over-the-counter sales of securities investment trusts and insurance products. Founded in April 1957 as Nippon Fudosan Bank Ltd. and headquartered at 6-1-1 Kojimachi, Chiyoda-ku, Tokyo, the bank maintains 15 domestic branches across major Japanese cities, representative offices in New York, Shanghai, and Singapore, and subsidiaries including Aozora North America Inc. in New York, Aozora Europe Limited in London, Aozora Asia Pacific Limited in Hong Kong, Aozora Loan Services Co. Ltd., and an equity stake in Vietnam's Orient Commercial Joint Stock Bank. Aozora focuses on middle-market companies, SMEs, high-net-worth individuals, regional financial institutions, and international corporate clients, with specialized groups for corporate business, M&A advisory, acquisition and structured finance, environment business, special situations, real estate finance, international business, allied banking, retail banking, and financial markets. Recent developments include entry into a capital and business alliance with Daiwa Securities Group Inc. in May 2024, which has attracted new corporate lending customers, establishment of Aozora Asia Pacific Limited in Hong Kong in November 2023, plans announced in December 2025 to strengthen ties with regional banks for syndicated loans, M&A, and leveraged buyouts including trainee programs, and leadership under President Hideto Oomi with total assets of ¥7,762.4 billion and capital stock of ¥125.9 billion as of the latest reporting.

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