- JP-listed companies
- Concordia Financial Group, Ltd.
Concordia Financial Group, Ltd.JP:7186
Market cap
¥938.7B
P/E ratio
33.2x
| Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | |
| Profit (loss) before income taxes | 156,525 | 97,302 | 79,314 | 68,641 | 36,315 | 78,584 | 80,533 | 91,392 |
| Depreciation | 9,639 | 10,451 | 11,787 | 13,041 | 13,513 | 13,724 | 13,152 | 13,268 |
| Impairment losses | 387 | - | 195 | 501 | 1,872 | 255 | 193 | 188 |
| Gain on bargain purchase | -60,346 | - | - | - | - | - | - | -15,579 |
| Loss (gain) on step acquisitions | - | - | - | - | - | - | - | 154 |
| Share of loss (profit) of entities accounted for using equity method | 26 | 28 | 7 | 251 | 112 | 1,246 | 221 | 2,475 |
| Increase (decrease) in allowance for loan losses | -7,552 | 1,448 | -113 | 8,754 | 13,961 | -1,279 | 7,990 | 2,024 |
| Increase (decrease) in provision for bonuses | 3,699 | 8 | -140 | -333 | 676 | 10 | -226 | 241 |
| Increase (decrease) in provision for bonuses for directors (and other officers) | 16 | 26 | -8 | -43 | -22 | 11 | 6 | 5 |
| Increase (decrease) in provision for share-based payments | - | - | - | - | - | 107 | -184 | 67 |
| Decrease (increase) in retirement benefit asset | 1,010 | 840 | -4,582 | -2,313 | -3,443 | -2,666 | 8,928 | -3,231 |
| Increase (decrease) in retirement benefit liability | -5,865 | -167 | -336 | -435 | 1,448 | 65 | 74 | 29 |
| Increase (decrease) in provision for reimbursement of deposits | -13 | 69 | 273 | -418 | -465 | 202 | 636 | 29 |
| Increase (decrease) in provision for contingent loss | - | - | - | 541 | 388 | -76 | -392 | -233 |
| Interest income | -183,219 | -202,231 | -185,526 | -172,748 | -164,711 | -172,123 | -197,061 | -240,840 |
| Interest expenses | 10,956 | 12,390 | 18,880 | 17,016 | 6,154 | 5,409 | 29,247 | 54,129 |
| Loss (gain) related to securities | 16,790 | 12,490 | -4,497 | -19,732 | 10,266 | 5,418 | 12,883 | 27,332 |
| Foreign exchange losses (gains) | 2,088 | 11,163 | -6,121 | 4,947 | -6,235 | -39,784 | -25,551 | -49,083 |
| Loss (gain) on disposal of non-current assets | 601 | 718 | 1,158 | 2,210 | 3,210 | 3,416 | 1,298 | 845 |
| Loss (gain) on return of assets from retirement benefits trust | - | - | - | - | - | - | -2,154 | - |
| Net decrease (increase) in trading account assets | 5,460 | 701 | 668 | 749 | 295 | -710 | 1,642 | 1,535 |
| Net increase (decrease) in trading account liabilities | -61 | -26 | 6 | -26 | -29 | -24 | 19 | -39 |
| Net decrease (increase) in loans and bills discounted | -394,032 | -467,790 | -216,109 | -406,233 | -651,428 | -1,277,303 | -753,127 | -456,361 |
| Net increase (decrease) in deposits | 443,828 | 565,860 | 449,281 | 288,248 | 1,781,625 | 1,030,695 | 395,728 | 57,764 |
| Net increase (decrease) in negotiable certificates of deposit | 15,660 | -113,793 | 47,856 | 37,486 | -89,400 | 126,750 | -5,800 | 49,700 |
| Net increase (decrease) in borrowed money (excluding subordinated borrowings) | -12,882 | -254,162 | -165,886 | -72,909 | 1,014,036 | 786,663 | -40,904 | -173,434 |
| Net decrease (increase) in due from banks (excluding due from Bank of Japan) | -22,910 | -83,866 | 74,594 | -46,902 | 20,751 | -41,267 | -28,315 | 63,536 |
| Net decrease (increase) in call loans | 34,043 | -13,706 | 41,743 | 77,139 | 132,899 | -55,738 | 13,232 | 66,051 |
| Net increase (decrease) in call money | 898,107 | -304,991 | -209,389 | -170,579 | -162,282 | 690,556 | 1,196,830 | -1,732,111 |
| Net increase (decrease) in cash collateral received for securities lent | -14,950 | 39,009 | 171,156 | -103,052 | -48,623 | -90,864 | 99,128 | -83,177 |
| Net decrease (increase) in foreign exchanges - assets | -1,031 | -2,687 | -667 | 174 | -11,261 | 1,523 | 1,970 | 716 |
| Net increase (decrease) in foreign exchanges - liabilities | 50 | 191 | -41 | -157 | -52 | 265 | -3 | 245 |
| Net decrease (increase) in lease receivables and investments in leases | -3,010 | -1,862 | -1,282 | -818 | -3,239 | -518 | -3,305 | -3,544 |
| Net increase (decrease) in borrowed money from trust account | - | - | - | 4,825 | 11,106 | 10,220 | 8,450 | 7,126 |
| Interest received | 188,474 | 200,957 | 185,918 | 180,538 | 167,355 | 172,723 | 193,482 | 235,233 |
| Interest paid | -11,794 | -12,263 | -18,504 | -18,263 | -7,578 | -5,473 | -25,825 | -52,335 |
| Other, net | -17,211 | -81,009 | 3,912 | 35,696 | -5,134 | 18,997 | 8,975 | -57,678 |
| Subtotal | 1,052,654 | -584,499 | 271,585 | -274,222 | 2,062,167 | 1,259,019 | 991,774 | -2,193,555 |
| Income taxes paid | -46,619 | -22,119 | -23,889 | -20,371 | -23,058 | -11,729 | -26,234 | -23,931 |
| Net cash provided by (used in) operating activities | 1,006,035 | -606,618 | 247,695 | -294,594 | 2,039,109 | 1,247,289 | 965,540 | -2,217,487 |
| Purchase of securities | -3,304,040 | -1,702,118 | -1,194,695 | -1,446,081 | -2,520,421 | -1,496,789 | -1,048,114 | -868,067 |
| Proceeds from sale of securities | 2,776,230 | 1,004,508 | 397,254 | 517,397 | 1,413,238 | 1,258,515 | 615,316 | 554,388 |
| Proceeds from redemption of securities | 621,757 | 996,579 | 669,049 | 872,538 | 643,654 | 474,349 | 295,835 | 359,646 |
| Purchase of property, plant and equipment | -10,809 | -12,213 | -11,587 | -9,579 | -10,096 | -12,321 | -5,576 | -9,353 |
| Proceeds from sale of property, plant and equipment | 934 | 698 | 156 | 462 | 183 | 1,319 | 1,452 | 1,458 |
| Purchase of intangible assets | -4,173 | -4,792 | -8,631 | -7,694 | -5,405 | -4,942 | -6,713 | -8,074 |
| Proceeds from purchase of shares of subsidiaries resulting in change in scope of consolidation | - | - | - | - | - | - | - | 7,630 |
| Other, net | -500 | -668 | 72 | -987 | -1,852 | -1,380 | -248 | -150 |
| Net cash provided by (used in) investing activities | 79,458 | 281,992 | -148,380 | -73,943 | -480,586 | 218,750 | -148,046 | 37,479 |
| Redemption of subordinated bonds and bonds with share acquisition rights | -10,000 | - | - | - | - | -20,000 | -20,000 | -20,000 |
| Purchase of treasury shares | -12,509 | -14,091 | -10,002 | -10,751 | -1 | -3,001 | -13,402 | -7,002 |
| Proceeds from sale of treasury shares | - | - | - | - | - | - | - | 99 |
| Dividends paid | -20,589 | -17,797 | -19,440 | -21,386 | -19,342 | -20,552 | -23,301 | -24,122 |
| Dividends paid to non-controlling interests | -856 | -178 | -272 | - | -134 | -338 | -229 | - |
| Net cash provided by (used in) financing activities | -64,149 | -12,067 | -9,714 | -12,137 | 505 | -43,912 | -56,934 | -51,025 |
| Effect of exchange rate change on cash and cash equivalents | -8 | -9 | 7 | -7 | 9 | 9 | 7 | - |
| Net increase (decrease) in cash and cash equivalents | 1,021,335 | -336,702 | 89,608 | -380,683 | 1,559,036 | 1,422,136 | 760,566 | -2,231,033 |