MUSASHINO BANK chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 2,038.05
Dividend & Yield80.00¥ (4.67%)
Beta 0.62
Market capitalization 57.24B
Operating cash flow N/A
ESG Scores unknown

Company description

The Musashino Bank, Ltd., together with its subsidiaries, provides banking products and financial services in Japan. It offers deposits, loans, loan guarantees, and credit cards, as well as installment-payment, and auto and general leasing services. The company also engages in the development, sale, and maintenance of computer systems; research of regional economy; management support for venture businesses; holding of seminars; and outsourcing of operational business. In addition, it offers consultation and information services. As of March 31, 2021, the company operated 99 branches and 9 mortgage loan centers. The Musashino Bank, Ltd. was incorporated in 1952 and is headquartered in Saitama, Japan.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

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Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities
Total Cashflows From Investing Activities 78.05B 9.44B -57.73B -70.81B
Net Borrowings -20B
Total Cash From Financing Activities 65.83B 58.07B 311.39B 120.48B
Change To Operating Activities -57.1B -38.29B 92.89B -11.23B
Issuance Of Stock 40M 40M 24M 24M
Net Income 5.34B 8.07B 8.02B 9B
Change In Cash 86.69B 37.2B 365.28B 50.86B
Effect Of Exchange Rate
Total Cash From Operating Activities -57.19B -30.31B 111.62B 1.19B
Depreciation 2.39B 2.87B 2.71B 3.09B
Change To Account Receivables
Other Cashflows From Financing Activities 88.52B 60.76B 314.08B 123.14B
Change To Netincome -13.7B -3.64B 3.24B -4.1B
Capital Expenditures -775M -7.01B -7.11B -11.57B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 10.92B 8.73B 12.8B 13.42B
Net Income 5.34B 8.07B 8.02B 9B
Selling General Administrative 34.92B 35.4B 35.47B 34.84B
Gross Profit 62.58B 59.58B 64.9B 66.94B
Ebit
Operating Income 11.36B 8.73B 12.8B 13.46B
Interest Expense
Income Tax Expense 5.54B 638M 4.77B 4.42B
Total Revenue 62.58B 59.58B 64.9B 66.94B
Cost Of Revenue
Total Other Income ExpenseNet -440M -45M
Net Income From Continuing Ops 5.38B 8.09B 8.03B 9B
Net Income Applicable To Common Shares 5.34B 8.07B 8.02B 9B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 4.39T 4.44T 5.07T 5.24T
Total Stockholder Equity 238.9B 235.43B 249.15B 250.52B
Other Current Liabilities 4.2B 4.79B 5.32B 4.96B
Total Assets 4.63T 4.67T 5.32T 5.49T
Common Stock 45.74B 45.74B 45.74B 45.74B
Other Current Assets 8.25B 11.48B 9.97B 10.16B
Retained Earnings 131.56B 136.95B 142.29B 148.6B
Treasury Stock 23.3B 14.39B 22.77B 17.82B
Cash 347.4B 374.69B 739.97B 790.92B
Total Current Liabilities 4.32T 4.38T 4.7T 4.82T
Other Stockholder Equity 24.2B 15.3B 23.68B 18.71B
Property, Plant, and Equipment 36.77B 42.22B 48.07B 56.16B
Total Current Assets 355.71B 386.22B 750B 801.13B
Net Tangible Assets 234.99B 231.06B 244.62B 245.4B
Net Receivables
Accounts Payable 4.28T 4.34T 4.66T 4.78T


Insider Transactions

Here are the insider transactions of stock shares related to MUSASHINO BANK:

Filer Name Transaction Text Ownership Date Filer Relation Shares
NO DATA

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to MUSASHINO BANK. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on MUSASHINO BANK

Here is the result of two systematic investment strategies applied to MUSASHINO BANK. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on MUSASHINO BANK

The following chart shows the equity curve of the two systematic investment strategies applied to MUSASHINO BANK:

MUSASHINO BANK automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -53.45% on the backtest period.

Performance at glance

Performance

-53.45 %

Latent gain

-5460.0 ¥

Invested capital

10215.0 ¥

Annualized return

-12.73 %
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Momentum strategy results on MUSASHINO BANK

This is the result of two momentum investment strategies applied to MUSASHINO BANK. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on MUSASHINO BANK

The following chart shows all the entries opened by the momentum investment system on MUSASHINO BANK:

MUSASHINO BANK momentum entries
  • The first momentum investment strategy would give -50.1% of return on MUSASHINO BANK. That represents -4775.0¥ of latent gain with 9530.0¥ of employed capital.
  • The second momentum investment strategy would give -51.95% of return on MUSASHINO BANK. That represents -5140.0¥ of latent gain with 9895.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

-50.1 %

Latent gain

-4775.0 ¥

Invested capital

9530.0 ¥

Annualized return

-15.56 %
Performance at glance (2Q Momentum)

Performance

-51.95 %

Latent gain

-5140.0 ¥

Invested capital

9895.0 ¥

Annualized return

-13.97 %

Momentum equity curve on MUSASHINO BANK

The following chart shows the equity curve of the two momentum strategies applied to MUSASHINO BANK:

MUSASHINO BANK momentum equity

Note: the dividends potentially given by MUSASHINO BANK are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MUSASHINO BANK

The following chart shows the employed capital evolution of the two momentum strategies on MUSASHINO BANK since the beginning:

MUSASHINO BANK

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250¥, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000¥.


Buy the dip strategy result on MUSASHINO BANK

Buy the dip entry openings on MUSASHINO BANK

MUSASHINO BANK

The performance achieved by the robo-advisor on MUSASHINO BANK is -34.23%. That represents -3300.0$ of latent gain with 9640.0¥ of employed capital. The following chart shows MUSASHINO BANK stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of MUSASHINO BANK, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-34.23 %

Latent gain

-3300.0 ¥

Invested capital

9640.0 ¥

Annualized return

-15.56 %

Equity curve of the strategy applied to MUSASHINO BANK

The following chart shows the result of the investment strategy applied to MUSASHINO BANK:

MUSASHINO BANK

Note: the dividends potentially given by MUSASHINO BANK are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on MUSASHINO BANK

The following chart shows the employed capital evolution since the beginning of the investment strategy on MUSASHINO BANK:

MUSASHINO BANK

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on MUSASHINO BANK

In this section, I will compare the three previous investment strategies applied to MUSASHINO BANK.

Equity curve comparison on MUSASHINO BANK

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

MUSASHINO BANK investment strategy comparison

Employed capital comparison on MUSASHINO BANK

MUSASHINO BANK investment comparison

Performance comparison on MUSASHINO BANK

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -53.45% -5460.0¥ 10215.0¥ -12.73%
Momentum 1 quarter -50.1% -4775.0¥ 9530.0¥ -12.65%
Momentum 2 quarters -51.95% -5140.0¥ 9895.0¥ -13.97%
Non-directional -34.23% -3300.0¥ 9640.0¥ -15.56%
Annualized return comparison

Automatic investment

-12.73 %

Momentum 1Q

-13.97 %

Momentum 2Q

-13.97 %

Non-directional

-15.56 %

Correlated stocks

Here are the most positively and negatively correlated stocks with MUSASHINO BANK:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between MUSASHINO BANK and the other stocks. There may be false positives or some missing correlated stocks. If the price of MUSASHINO BANK does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name MUSASHINO BANK
Country Japan
City Saitama
Address 10-8, Sakuragi-cho 1-chome
Phone 81 4 8641 6111
Website www.musashinobank.co.jp
FullTime employees 2119
Industry Banks—Regional
Sector Financial Services
Exchange XTKS
Ticker 8336.XTKS
Market www.jpx.co.jp

MUSASHINO BANK ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown