TOWA BANK chart

Last update: 2021-02-19
Key statistics and financials
Revenue per share 829.83
Dividend & Yield50.00¥ (9.47%)
Beta 0.5
Market capitalization 19.52B
Operating cash flow N/A
ESG Scores unknown

Company description

The Towa Bank, Ltd. provides various banking products and services. The company was founded in 1917 and is based in Maebashi, Japan.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
no companies found

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities
Total Cashflows From Investing Activities -54.87B 64.28B -33.4B -10.91B
Net Borrowings
Total Cash From Financing Activities -16.14B 22.64B 121.19B 29.83B
Change To Operating Activities -41.96B -18.31B 53.91B -25.3B
Issuance Of Stock
Net Income 4.8B 2.9B 2.5B 1.75B
Change In Cash -110.57B 74.61B 142.97B -7.21B
Effect Of Exchange Rate 9M
Total Cash From Operating Activities -39.58B -12.31B 55.18B -26.13B
Depreciation 1.39B 1.36B 1.35B 1.43B
Change To Account Receivables
Other Cashflows From Financing Activities 8.16B 24.31B 123.03B 31.13B
Change To Netincome -5.24B -453M -4.04B -5.68B
Capital Expenditures -888M -738M -1.25B -598M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 6.23B 5.07B 3.94B 3.42B
Net Income 4.8B 2.9B 2.5B 1.75B
Selling General Administrative 20.86B 20.25B 20.21B 19.75B
Gross Profit 34.84B 34.08B 32B 30.36B
Ebit
Operating Income 6.34B 5.91B 4.06B 3.74B
Interest Expense
Income Tax Expense 1.42B 2.16B 1.39B 1.63B
Total Revenue 34.84B 34.08B 32B 30.36B
Cost Of Revenue
Total Other Income ExpenseNet -112M -838M -118M -319M
Net Income From Continuing Ops 4.81B 2.91B 2.55B 1.79B
Net Income Applicable To Common Shares 4.61B 2.7B 2.3B 1.75B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 2.17T 2.2T 2.42T 2.44T
Total Stockholder Equity 135.54B 129.84B 134.61B 124.69B
Other Current Liabilities 4.07B 4.16B 3.85B 3.6B
Total Assets 2.3T 2.33T 2.55T 2.57T
Common Stock 38.65B 38.65B 38.65B 38.65B
Other Current Assets 14.51B 14.71B 15.77B 14.41B
Retained Earnings 64.38B 65.7B 66.58B 66.99B
Treasury Stock 15B 7.99B 11.88B 1.54B
Cash 166.07B 240.66B 383.66B 376.58B
Total Current Liabilities 1.99T 2.01T 2.11T 2.14T
Other Stockholder Equity 15.28B 8.22B 12.19B 1.76B
Property, Plant, and Equipment 23.45B 22.67B 22.86B 21.95B
Total Current Assets 180.62B 255.38B 399.44B 390.99B
Net Tangible Assets 134.14B 128.19B 131.73B 121.44B
Net Receivables
Accounts Payable 1.96T 1.98T 2.1T 2.14T


Insider Transactions

Here are the insider transactions of stock shares related to TOWA 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 TOWA 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 TOWA BANK

Here is the result of two systematic investment strategies applied to TOWA 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 TOWA BANK

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

TOWA BANK automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 5.36% on the backtest period.

Performance at glance

Performance

5.36 %

Latent gain

413.0 ¥

Invested capital

7711.0 ¥

Annualized return

1.28 %
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Momentum strategy results on TOWA BANK

This is the result of two momentum investment strategies applied to TOWA 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 TOWA BANK

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

TOWA BANK momentum entries
  • The first momentum investment strategy would give 8.16% of return on TOWA BANK. That represents 766.0¥ of latent gain with 9389.0¥ of employed capital.
  • The second momentum investment strategy would give 23.99% of return on TOWA BANK. That represents 2227.0¥ of latent gain with 9282.0¥ of employed capital.
Performance at glance (1Q Momentum)

Performance

8.16 %

Latent gain

766.0 ¥

Invested capital

9389.0 ¥

Annualized return

11.01 %
Performance at glance (2Q Momentum)

Performance

23.99 %

Latent gain

2227.0 ¥

Invested capital

9282.0 ¥

Annualized return

6.45 %

Momentum equity curve on TOWA BANK

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

TOWA BANK momentum equity

Note: the dividends potentially given by TOWA 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 TOWA BANK

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

TOWA 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 TOWA BANK

Buy the dip entry openings on TOWA BANK

TOWA BANK

The performance achieved by the robo-advisor on TOWA BANK is 24.22%. That represents 132.0$ of latent gain with 545.0¥ of employed capital. The following chart shows TOWA BANK stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TOWA 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

24.22 %

Latent gain

132.0 ¥

Invested capital

545.0 ¥

Annualized return

11.01 %

Equity curve of the strategy applied to TOWA BANK

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

TOWA BANK

Note: the dividends potentially given by TOWA 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 TOWA BANK

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

TOWA 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 TOWA BANK

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

Equity curve comparison on TOWA BANK

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

TOWA BANK investment strategy comparison

Employed capital comparison on TOWA BANK

TOWA BANK investment comparison

Performance comparison on TOWA BANK

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 5.36% 413.0¥ 7711.0¥ 1.28%
Momentum 1 quarter 8.16% 766.0¥ 9389.0¥ 2.06%
Momentum 2 quarters 23.99% 2227.0¥ 9282.0¥ 6.45%
Non-directional 24.22% 132.0¥ 545.0¥ 11.01%
Annualized return comparison

Automatic investment

1.28 %

Momentum 1Q

6.45 %

Momentum 2Q

6.45 %

Non-directional

11.01 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TOWA 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 TOWA BANK and the other stocks. There may be false positives or some missing correlated stocks. If the price of TOWA BANK does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TOWA BANK
Country Japan
City Maebashi
Address 2-12-6 Hon-machi
Phone 81 2 7234 1111
Website www.towabank.co.jp
FullTime employees 1371
Industry Banks—Regional
Sector Financial Services
Exchange XTKS
Ticker 8558.XTKS
Market www.jpx.co.jp

TOWA 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