OTCPK:KYUN.F

Stock Analysis Report

Kyushu Financial Group

Executive Summary

Kyushu Financial Group, Inc., through its subsidiaries, provides various financial services to customers in Japan.


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has Kyushu Financial Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KYUN.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.4%

KYUN.F

9.4%

US Banks

9.9%

US Market


1 Year Return

n/a

KYUN.F

-25.1%

US Banks

-11.9%

US Market

Return vs Industry: Insufficient data to determine how KYUN.F performed against the US Banks industry.

Return vs Market: Insufficient data to determine how KYUN.F performed against the US Market.


Shareholder returns

KYUN.FIndustryMarket
7 Day1.4%9.4%9.9%
30 Day1.4%-26.0%-15.0%
90 Day-15.3%-38.6%-21.5%
1 Yearn/a-22.9%-25.1%-10.0%-11.9%
3 Year-45.4%-45.4%-17.2%-23.3%12.3%5.1%
5 Yearn/a11.6%-1.1%32.5%18.1%

Price Volatility Vs. Market

How volatile is Kyushu Financial Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Kyushu Financial Group undervalued compared to its fair value and its price relative to the market?

9.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KYUN.F ($3.7) is trading above our estimate of fair value ($1.97)

Significantly Below Fair Value: KYUN.F is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: KYUN.F is poor value based on its PE Ratio (9.5x) compared to the Banks industry average (8.9x).

PE vs Market: KYUN.F is good value based on its PE Ratio (9.5x) compared to the US market (13x).


Price to Earnings Growth Ratio

PEG Ratio: KYUN.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: KYUN.F is good value based on its PB Ratio (0.3x) compared to the US Banks industry average (0.8x).


Next Steps

Future Growth

How is Kyushu Financial Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-8.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KYUN.F's earnings are forecast to decline over the next 3 years (-3.7% per year).

Earnings vs Market: KYUN.F's earnings are forecast to decline over the next 3 years (-3.7% per year).

High Growth Earnings: KYUN.F's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if KYUN.F's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if KYUN.F's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if KYUN.F's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Kyushu Financial Group performed over the past 5 years?

-39.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KYUN.F has high quality earnings.

Growing Profit Margin: KYUN.F's current net profit margins (13.7%) are higher than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: KYUN.F's earnings have declined by -39.9% per year over the past 5 years.

Accelerating Growth: KYUN.F's earnings growth over the past year (25.2%) exceeds its 5-year average (-39.9% per year).

Earnings vs Industry: KYUN.F earnings growth over the past year (25.2%) exceeded the Banks industry 11.2%.


Return on Equity

High ROE: KYUN.F's Return on Equity (3.2%) is considered low.


Next Steps

Financial Health

How is Kyushu Financial Group'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

Inventory Level: KYUN.F has a low level of unsold assets or inventory.

Debt Coverage by Assets: KYUN.F's debt is not covered by short term assets (assets are 0.9x debt).


Financial Institutions Analysis

Asset Level: KYUN.F's level of assets compared to its equity is moderate.

Allowance for Bad Loans: KYUN.F has a low allowance for bad loans.

Low Risk Liabilities: KYUN.F's liabilities are made up of primarily low risk sources of funding.

Loan Level: KYUN.F has an acceptable proportion of non-loan assets held.

Low Risk Deposits: KYUN.F's loans are broadly funded by customer deposits.

Level of Bad Loans: KYUN.F has an appropriate level of bad loans (1.85%)


Next Steps

Dividend

What is Kyushu Financial Group's current dividend yield, its reliability and sustainability?

2.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KYUN.F's dividend (2.67%) is higher than the bottom 25% of dividend payers in the US market (1.98%).

High Dividend: KYUN.F's dividend (2.67%) is low compared to the top 25% of dividend payers in the US market (5.45%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, KYUN.F has been paying a dividend for less than 10 years.

Growing Dividend: KYUN.F's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.4%), KYUN.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Yoshihisa Kasahara (57yo)

0.75

Tenure

Mr. Yoshihisa Kasahara has been President of Kyushu Financial Group, Inc. since June 21, 2019 and has been its Representative Director since June 2016. Mr. Kasahara has been President and Director of Higo  ...


Leadership Team

NamePositionTenureCompensationOwnership
Yoshihisa Kasahara
President & Representative Director0.75yrno data0.0084% ¥154.1k
Eichi Eto
Executive Officer and GM of Compliance & Risk Management Division3.5yrsno datano data
Seiji Yamamoto
Executive Officer and Chief of Human Resources & General Affairs Office2.17yrsno datano data
Toru Hayashida
Executive Officerno datano data0.0061% ¥112.5k
Tsuyoshi Mogami
Senior Managing Executive Officer & Director4.42yrsno data0.012% ¥212.3k
Norihisa Akatsuka
Executive Officer and GM of Business & IT Management Division3.5yrsno datano data
Tsutomu Tajima
Executive Officer2.92yrsno datano data
Tsutomu Nakamura
Senior Managing Executive Officer & Director1.75yrsno data0.0059% ¥108.3k
Takeshi Jinnouchi
Executive Officer & GM of Audit Division1.17yrsno datano data
Tadataka Tokunaga
Executive Officer0.75yrno data0.0025% ¥45.8k

2.2yrs

Average Tenure

58.5yo

Average Age

Experienced Management: KYUN.F's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yoshihisa Kasahara
President & Representative Director0.75yrno data0.0084% ¥154.1k
Toru Hayashida
Executive Officerno datano data0.0061% ¥112.5k
Tsuyoshi Mogami
Senior Managing Executive Officer & Director4.42yrsno data0.012% ¥212.3k
Tsutomu Nakamura
Senior Managing Executive Officer & Director1.75yrsno data0.0059% ¥108.3k
Tadataka Tokunaga
Executive Officer0.75yrno data0.0025% ¥45.8k
Katsuaki Watanabe
Outside Directorno datano data0.0023% ¥41.6k
Takahiro Kai
Directorno datano data0.025% ¥453.9k
Motohiro Kamimura
Directorno datano data0.0093% ¥170.7k
Sumihiro Matsuyama
Chairman of the Board0.75yrno data0.011% ¥199.9k
Yuji Nemoto
Outside Director1.75yrsno datano data

1.8yrs

Average Tenure

63.5yo

Average Age

Experienced Board: KYUN.F's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kyushu Financial Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kyushu Financial Group, Inc.
  • Ticker: KYUN.F
  • Exchange: OTCPK
  • Founded: 2015
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: JP¥197.960b
  • Listing Market Cap: JP¥1.832b
  • Shares outstanding: 439.91m
  • Website: https://www.kyushu-fg.co.jp

Number of Employees


Location

  • Kyushu Financial Group, Inc.
  • 1, Renpeicho
  • Chuo-ku
  • Kumamoto
  • Kumamoto
  • 860-0017
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
7180TSE (The Tokyo Stock Exchange)YesCommon SharesJPJPYOct 2015
KYUN.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2015

Biography

Kyushu Financial Group, Inc., through its subsidiaries, provides various financial services to customers in Japan. The company operates through Banking and Leasing segments. It offers deposit products; and foreign exchange transactions services. The company also engages in lending activities. The company was founded in 2015 and is headquartered in Kumamoto, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/29 03:11
End of Day Share Price2020/03/26 00:00
Earnings2019/12/31
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.