The 77 Bank Ltd - Company Profile
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The 77 Bank Ltd (77 Bank) is a regional bank that provides a range of banking and related financial solutions. It offers deposit products such as savings, time, and foreign currency. The bank provides loans for homes, mortgages, education, and cards. 77 Bank offers insurance cover for long-term fire, property and casualty, income security, individual annuity, financial, cancer, and medical risks. It also provides business support, agency services, trade consultation, leasing, securities and brokerage, mergers and acquisition advisory, foreign remittance, and electronic banking. The bank operates through its branches in the Tohoku region in Japan and representative offices in China and Singapore. 77 Bank is headquartered in Sendai, Miyagi, Japan.
Headquarters
Japan
Address
3-3-20, Chuo, Aoba-Ku, Sendai-Shi, Miyagi, 980-8777
Website
www.77bank.co.jp
Telephone
81 22 2671111
No of Employees
2,658
Industry
Financial Services
Ticker Symbol & Exchange
8341 (TYO)
Revenue (2022)
$901.7M
3.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
12.7%
(2022 vs 2021)
Market Cap*
$2.2B
Net Profit Margin (2022)
XYZ
9.1%
(2022 vs 2021)
* As of and is in US$
The 77 Bank Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Deposits: | Electronic Banking |
| Savings | International Business |
| Time | Foreign Remittance |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the bank entered into a partnership with Itoki Co for the use of J-Credit. |
| 2023 | Contracts/Agreements | In November, the bank entered into an agreement with Vital Net to strengthen collaboration and support the sustainable growth of the healthcare field. |
| 2023 | Contracts/Agreements | In July, the bank signed a contract with Rifu Town to promote a tax system to support regional revitalization. |
Competitor Comparison
| Key Parameters | The 77 Bank Ltd | The Yamagata Bank Ltd | The Bank of Iwate Ltd | The Akita Bank Ltd | The Tohoku Bank Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Sendai-Shi | Yamagata-Shi | Morioka-Shi | Akita-Shi | Morioka-Shi |
| State/Province | Miyagi | Yamaguchi | Iwata | Akita | Iwata |
| No. of Employees | 2,658 | 1,213 | 1,409 | 1,277 | 585 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Teruhiko Ujiie | Chairman | Executive Board | 2018 | - |
| Hidefumi Kobayashi | President; Director | Executive Board | 2018 | - |
| Yoshikazu Onodera | Director; Senior Managing Director | Executive Board | 2023 | - |
| Masanori Muranushi | Managing Director; Director | Executive Board | 2022 | - |
| Kazuhito Chida | General Manager - Audit & Inspection Division; Senior Executive Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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