OTCPK:AOZO.Y

Stock Analysis Report

Executive Summary

Aozora Bank, Ltd., together with its subsidiaries, provides various banking products and services in Japan and internationally.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Share Price & News

How has Aozora Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.5%

OTCPK:AOZO.Y

3.3%

US Banks

2.1%

US Market


1 Year Return

-33.0%

OTCPK:AOZO.Y

-13.8%

US Banks

-0.04%

US Market

AOZO.Y underperformed the Banks industry which returned -14.8% over the past year.

AOZO.Y underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

AOZO.YIndustryMarket
7 Day0.5%3.3%2.1%
30 Day1.0%-7.0%-3.2%
90 Day-2.6%-2.3%2.8%
1 Year-33.0%-33.0%-11.3%-13.8%2.2%-0.04%
3 Year-35.3%-35.3%42.5%32.7%41.5%32.3%
5 Year-28.8%-28.8%54.2%37.6%55.0%37.8%

Price Volatility Vs. Market

How volatile is Aozora Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Aozora Bank undervalued based on future cash flows and its price relative to the stock market?

5%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Aozora Bank's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Aozora Bank's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Aozora Bank is good value based on earnings compared to the US Banks industry average.

Aozora Bank is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Aozora Bank earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Aozora Bank is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Aozora Bank expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

-3.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Aozora Bank's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Aozora Bank's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Aozora Bank's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Aozora Bank's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Aozora Bank's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Aozora Bank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Aozora Bank performed over the past 5 years?

-1.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Aozora Bank's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Aozora Bank's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Aozora Bank's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

Aozora Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Aozora Bank used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Aozora Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Aozora Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Aozora Bank has an acceptable proportion of non-loan assets held.

Aozora Bank has a sufficient allowance for bad loans.

Aozora Bank's liabilities are made up of primarily low risk sources of funding.

Aozora Bank's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Loans at Aozora Bank are broadly funded by customer deposits.

Aozora Bank has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Aozora Bank's current dividend yield, its reliability and sustainability?

5.89%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Aozora Bank's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Aozora Bank's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Aozora Bank's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Shinsuke Baba (65yo)

6.9yrs

Tenure

0

Mr. Shinsuke Baba has been President and Chief Executive Officer of Aozora Bank, Ltd. since September 2012 and has been its Representative Director since June 2009 and was its Executive Officer and Deputy  ...


Management Age and Tenure

2.1yrs

Average Tenure

57yo

Average Age

The tenure for the Aozora Bank management team is about average.


Board Age and Tenure

5.2yrs

Average Tenure

67.5yo

Average Age

The tenure for the Aozora Bank board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Shinsuke Baba (65yo)

    President

    • Tenure: 6.9yrs
  • Yukio Sekizawa (57yo)

    Senior Managing Executive Officer

    • Tenure: 0.0yrs
  • Makoto Fukuda (74yo)

    Executive Chairman of the Board

    • Tenure: 6.2yrs
  • Tomomi Akutagawa (57yo)

    Senior Managing Executive Officer

    • Tenure: 0.2yrs
  • Yutaka Aoyama (57yo)

    Managing Executive Officer & Head of Human Resources

    • Tenure: 2.1yrs
  • Takeshi Ito (56yo)

    Managing Executive Officer and Head of Advisory & Investment Group

    • Tenure: 1.3yrs
  • Masaki Onuma

    Executive Officer & Head of International Finance

    • Tenure: 2.1yrs
  • Tomoyuki Yamada

    Executive Officer & CTO

    • Tenure: 1.1yrs
  • Jaimee Rhodes

    IR Expert

    • Tenure: 0.0yrs
  • Hiroyuki Kajitani

    Head of Corporate Communication

    • Tenure: 0.0yrs

Board Members

  • Shunsuke Takeda (78yo)

    Outside Director

    • Tenure: 12.2yrs
  • Tomonori Ito (62yo)

    Outside Director

    • Tenure: 5.2yrs
  • Ippei Murakami (74yo)

    Outside Director

    • Tenure: 5.2yrs
  • Hiroyuki Mizuta (70yo)

    Outside Director

    • Tenure: 6.2yrs
  • Shinsuke Baba (65yo)

    President

    • Tenure: 6.9yrs
  • Toraki Inoue (63yo)

    Outside Audit & Supervisory Board Member

    • Tenure: 0.0yrs
  • Kei Tanikawa (57yo)

    Deputy President

    • Tenure: 1.2yrs
  • Makoto Fukuda (74yo)

    Executive Chairman of the Board

    • Tenure: 6.2yrs
  • Tomomi Akutagawa (57yo)

    Senior Managing Executive Officer

    • Tenure: 0.2yrs
  • Kiyoto Hagiwara (76yo)

    Outside Audit & Supervisory Board Member

    • Tenure: 4.2yrs

Company Information

Aozora Bank, Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aozora Bank, Ltd.
  • Ticker: AOZO.Y
  • Exchange: OTCPK
  • Founded: 1957
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: JP¥293.328b
  • Listing Market Cap: JP¥2.755b
  • Shares outstanding: 116.68m
  • Website: https://www.aozorabank.co.jp

Number of Employees


Location

  • Aozora Bank, Ltd.
  • 6-1-1, Kojimachi
  • Chiyoda-ku
  • Tokyo
  • 102-8660
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8304TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYMay 1994
AONDB (Deutsche Boerse AG)YesCommon StockDEEURMay 1994
AOZO.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDOct 2007

Biography

Aozora Bank, Ltd., together with its subsidiaries, provides various banking products and services in Japan and internationally. It operates through Retail Banking Group, Institutional Banking Group, and Fi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 00:07
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.