Bank of China

Bank of China Co., Ltd.

Bank of Chugoku Co., Ltd. is a corporation located at 1-15-20 Marunouchi, Kita-ku, Okayama City, Okayama Prefecture, where Kato Sadanori, was founded in December 1930, serves as president and representative (corporate number: 1260001006093). The final registration was updated on October 5, 2015, and a new establishment (registration of a corporate number) was carried out.
Trademarks such as TSUBASA ALLIANCE and TSUBASA Alliance are registered.
The financial results for the fiscal year ending March 2024 (revenue: 165.786 billion yen, net income: 18.427 billion yen) . Employees and former employees rated the review sites on various job change meetings with a score of 3.1/5.0 and Kaisha's reputation of 65/100.

There is no legal violation/disposition/black information posted.

Company Profile

Corporate number1260001006093
Corporate nameBank of China Co., Ltd.
FuriganaAshley
Business overviewbanking industry
Address/Map

〒700-0823

1-15-20 Marunouchi, Kita-ku, Okayama City, Okayama Prefecture

Financial institution code0168
SWIFT CodeCHGKJPJZ
Stock code8382
*As a result of the establishment of Chugin Financial Group, the wholly-owned parent company, and becoming a wholly-owned subsidiary, the company was delisted on September 29, 2022.
President/RepresentativeDirector and President Kato Sadanori,
Senior Managing Executive Officer, Harada
Ikuhide, Director Hiramoto Tatsuo
, Director Yamamoto Soichi,
Director Watanabe Teru,
Director Ono Tetsuji
, Director Yamagata Masakazu
URLhttps://www.chugin.co.jp/
telephone number086-223-3111
EstablishmentDecember 21, 1930
IndustryFinancial industry/Insurance industry
Corporate number designation date

2015/10/05

*Corporate numbers for corporations established before 2015/10/05 are uniformly designated as 2015/10/05.

Last registration update date2015/10/05

Press release & ads from Bank of China Inc.

Currently, there are no press release articles from Bank of China Co., Ltd.

About China Bank Co., Ltd.

Chugoku Bank, Limited is a regional bank with its head office in Kita-ku, Okayama City, Okayama Prefecture. It is a designated financial institution in Okayama Prefecture, and has many stores in Hiroshima Prefecture (especially the Bingo region) and throughout Kagawa Prefecture. The abbreviation is Chugin.

On October 3, 2022 (Reiwa 4), the company moved to a business holding company structure and established the financial holding company Chugin Financial Group. Since then, Bank of China has become a wholly owned subsidiary of the company.

history

The roots of Bank of China date back to the 86th National Bank, which was founded in what is now Takahashi City, Okayama Prefecture. At the same time, the 22 National Bank was established in Okayama City, and at the time it was the largest bank in Okayama Prefecture, which had a major impact on the local economy. However, due to the deterioration of management caused by the depression after the Sino-Japanese War, it was merged with Yasuda Bank (now Mizuho Bank) in 1923 (Taisho 12) and disappeared from Okayama Prefecture.

The current Bank of China was established on December 21, 1930 by the merger of Daiichi Joint Bank and Sanyo Bank. Since then, it has continued to grow as the largest regional bank in Okayama Prefecture, and has reached its current scale after mergers and acquisitions of many small and medium-sized banks.

Business development

Relationship with the local economy

Bank of Chugoku is widely deployed in Okayama Prefecture, mainly in the Bingo region of Hiroshima Prefecture and Kagawa Prefecture, and in a survey on the state of main banks released by Teikoku Databank in 2020 (Reiwa 2), 11,311 of the 23,957 companies in Okayama Prefecture have the Bank of Chugoku as its main bank, accounting for 47.21% of the market share, making it a major influence in the local economy.

Personal Services

As a financial product for individuals, it offers the credit card integrated IC cash card "DREAMe-W", and has actively promoted advertising, with past presidents appearing in television commercials. In addition, Senda Etami, a member of Oscar Promotion, was appointed in commercials from 2015 onwards, and the renewal was carried out in 2019.

In April 2020, an image video was released that depicts the medium-term management plan, and was produced by Itaya Yuhi, a young video creator from Okayama Prefecture.

Partnership with regional financial institutions

They are also actively collaborating with financial institutions in Okayama Prefecture, and are partnering with Tomato Bank, Zen Shinkin Banks in Okayama Prefecture (Okayama, Mizushima, Tsuyama, Tamashima, Bikita, Kibi, Bizen Issei), and Kasaoka Credit Union, to provide a service that provides a no-cost mutual withdrawal fee for ATMs and CDs through the Okayama ATM Net Service.

Bank of China Co., Ltd. financial history (million yen)

yearquarterSubmission dateOrdinary revenueOrdinary profitnet incomecomprehensive income

ending
March 2013
2Q
results
2013/11/1158,42013,0937,7932,875
3Q
results
2014/01/3088,49922,36712,92418,597
Full-year
results
2014/05/12117,19831,21618,42658,105

ending
March 2014
1Q
results
2014/08/0436,17713,7088,295-5,561
2Q
results
2013/11/1168,01023,18914,30113,741
3Q
results
2014/01/3097,91232,90219,98827,818
Full year
revision
2014/01/30128,30037,30022,300
Full year
revision
2014/05/01133,00048,00028,700
Full-year
results
2014/05/12133,17748,10728,71728,922

ending
March 2015
1Q
results
2014/08/0431,4539,3425,92916,121
2Q
forecast
2014/05/1262,10016,10010,200
2Q
correction
2014/10/3063,10021,30013,500
2Q
results
2014/11/0763,12421,30613,59429,250
3Q
results
2015/02/0395,71432,69920,91857,123
Full year
forecast
2014/05/12123,70032,90020,200
Full year
revision
2014/10/30120,00034,60021,400
Full-year
results
2015/05/12124,22139,10624,70273,739

ending
March 2016
1Q
results
2015/07/3034,91713,6378,9416,375
2Q
forecast
2015/05/1263,00019,70012,700
2Q
results
2015/11/0965,75324,26216,094-9,398
3Q
results
2016/02/0295,61032,85921,7109,136
Full year
forecast
2015/05/12123,40036,60023,700
Full year
revision
2015/11/09128,50040,30026,300
Full-year
results
2016/05/13129,18043,44027,25212,650

ending
March 2017
1Q
results
2016/08/0235,39511,1997,51211,849
2Q
forecast
2016/05/1361,10014,8009,800
2Q
correction
2016/10/2866,60018,40012,500
2Q
results
2016/11/1166,64718,47312,5908,437
3Q
results
2017/02/02106,08227,94218,2095,104
Full year
forecast
2016/05/13122,30029,80019,900
Full year
revision
2016/11/11132,00032,00021,400
Full year
revision
2017/04/27142,80031,50020,200
Full-year
results
2017/05/12142,86731,60520,3232,268

ending
March 2018
1Q
results
2017/08/0233,0166,1334,08811,350
2Q
forecast
2017/05/1264,30012,6008,300
2Q
results
2017/11/1065,26115,38510,56622,879
3Q
results
2018/02/02100,43725,40417,51138,972
Full year
forecast
2017/05/12125,90026,10017,500
Full year
revision
2017/11/10128,20028,90019,500
Full-year
results
2018/05/10132,44530,92221,25829,946

ending
March 2019
1Q
results
2018/08/0334,3817,9915,4028,224
2Q
forecast
2018/05/1061,50012,0007,900
2Q
results
2018/11/0964,75814,0129,71312,963
3Q
results
2019/01/3098,21419,43213,448-9,336
Full year
forecast
2018/05/10124,10023,10015,400
Full year
revision
2018/11/09128,30024,20016,200
Full-year
results
2019/05/14128,62123,69616,1995,035

ending
March 2020
1Q
results
2019/08/0233,5967,9785,4133,479
2Q
forecast
2019/05/1462,60010,9007,400
2Q
results
2019/11/0863,78012,9438,64415,450
3Q
results
2020/01/3095,12518,40312,58121,790
Full year
forecast
2019/05/14125,70020,70013,800
Full year
revision
2019/11/08124,80020,00013,200
Full-year
results
2020/05/14127,31817,46311,916-21,919

ending
March 2021
1Q
results
2020/07/3030,4457,6525,10420,766
2Q
forecast
2020/05/1456,5008,6005,700
2Q
correction
2020/10/2958,10011,9008,200
2Q
results
2020/11/1358,17311,9678,22628,706
3Q
results
2021/02/0488,20819,43813,32643,886
Full year
forecast
2020/05/14113,40016,70011,100
Full year
revision
2020/11/13112,00017,50012,000
Full-year
results
2021/05/14116,97621,25214,41855,104

ending
March 2022
1Q
results
2021/07/2933,23010,6867,29912,153
2Q
forecast
2021/05/1455,70010,5007,100
2Q
correction
2021/10/2860,50015,20010,100
2Q
results
2021/11/1260,59415,20010,17918,184
3Q
results
2022/02/0492,72525,17517,83224,127
Full year
forecast
2021/05/14111,50021,50014,700
Full year
revision
2021/11/12116,00025,10017,900
Full year
revision
2022/04/27128,50025,80018,300
Full-year
results
2022/05/13128,56525,80418,374-3,079

ending
March 2023
1Q
results
2022/07/2853,78712,1448,340-13,419
2Q
forecast
2022/05/1359,20015,00010,300
Full year
forecast
2022/05/13119,30027,10018,600

ending
March 2023
Full-year
results
2024/05/10165,78626,68818,427
yearquarterSubmission dateOrdinary revenueOrdinary profitnet incomecomprehensive income

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