The Yamagata Bank, Ltd. (株式会社山形銀行)
On this page
- Wiki route
- TL;DR
- 1. Company overview
- FY2024 (2025-03 period) results (disclosed basis, consolidated) ^[likely]
- Major shareholders (^[likely], typical regional-bank composition)
- Group / affiliated companies
- Key chronology (public information)
- 2. Business segment map
- Competitive landscape (Yamagata Prefecture / Tohoku region)
- Regional strategy
- Digital / regional-bank cooperation
- 4. Regulation / policy
- Related
- Sources
Wiki route
This entry sits under regional-banks INDEX. Read it against Fidea HD for peer / contrast context and banking index for the broader system / regulatory boundary.
TL;DR
A standalone regional bank in the Tohoku region based in Yamagata Prefecture. Founded as “Uryu Bank” in 1896 (Meiji 29) and renamed to its current trade name in 1965 年. TSE PRIME 8344 (listed 1949 年), it is a first-tier regional bank—not a second-tier regional bank—and the prefecture’s largest financial institution with the No. 1 deposit share within Yamagata Prefecture. It is in an intra-prefecture competitive relationship with Kirayaka Bank, under second-tier-regional-bank jimoto-hd. In neighboring prefectures, its area overlaps with Shonai Bank (Tsuruoka City) under fidea-hd and Hokuto Bank (Akita). An independent in the Tohoku region that operates as a standalone regional bank without converting to a holding company. It supports a regional economy of tourism (Zao, Yamadera, Ginzan Onsen), agriculture (No. 1 in Japan for cherry production, Yonezawa beef, Tsuyahime rice), and manufacturing (precision machinery, electronic components).
1. Company overview
Legal name: 株式会社山形銀行 English name: The Yamagata Bank, Ltd. Securities code: TSE PRIME 8344 (listed 1949 年, maintained PRIME after the market reorganization) Founded: **1896 (Meiji 29), 3 /12 ** (as “Uryu Bank”) Current trade name: Renamed to “株式会社山形銀行” in 1965 (Showa 40), month 4 Head office: 3-1-2 Nanokamachi, Yamagata City, Yamagata Prefecture Organizational design: Company with an audit-and-supervisory committee (same as ^[likely] many regional banks) Holdings: Not transitioned (remains a standalone regional bank). Unlike jimoto-hd (Kirayaka / Sendai Bank) and fidea-hd (Shonai / Hokuto), it has not converted to a holding company
FY2024 (2025-03 period) results (disclosed basis, consolidated) ^[likely]
| Item | Scale |
|---|---|
| Deposit balance | About 3 兆円 scale (Yamagata Prefecture deposit share No. 1) |
| Loan balance | About 2 兆円 scale |
| Ordinary income | In the tens-of-billions-of-yen range |
| Net income | In the tens-of-billions-of-yen range (regional-bank mid-range) |
| Capital adequacy ratio | Domestic-standard bank, around 10% (^[likely]) |
| Number of employees | About 1,200〜1,400 名 scale |
| Number of branches | About 80〜90 店 branches (centered in Yamagata Prefecture, with bases in Miyagi / Tokyo / Osaka) |
Exact FY2024 figures should reference Yamagata Bank’s official IR (securities report, earnings report). This section is on a ^[likely] basis.
Major shareholders (^[likely], typical regional-bank composition)
As typical of a regional bank:
- Local blue-chip companies (manufacturing / distribution within Yamagata Prefecture)
- Yamagata Prefecture municipal-related
- Trust-bank accounts (institutional investors)
- Individual shareholders (locally centered)
Group / affiliated companies
Yamagata Bank (main entity, listed 8344)
├── Yamagin Card (credit-card subsidiary)
├── Yamagin Mortgage Securities (^[likely])
├── Yamagin Lease (^[likely])
├── Yamagin Regional-Development Investment LPS (regional VC fund)
└── Affiliated companies (management consulting, regional revitalization)(The exact composition of subsidiaries / affiliates should reference official IR)
Key chronology (public information)
| Year/month | Event |
|---|---|
| 1896-03-12 | Founded as “Uryu Bank” (Meiji 29 , Yamagata City) |
| 1949 | Listed on the Tokyo Stock Exchange (securities code 8344) |
| 1965-04 | Renamed to 株式会社山形銀行 |
| Postwar〜high-growth period | Built an intra-prefecture branch network, established the No. 1 position in the prefecture |
| 2000 年s | Intensified competition with other Tohoku-region banks (Shonai Bank, Kirayaka Bank) |
| 2009 | Kirayaka Bank + Sendai Bank → established jimoto-hd () |
| 2009-10 | Shonai Bank + Hokuto Bank → established fidea-hd () |
| 2022-04 | TSE market reorganization → migration to the PRIME market |
(The medium-term management plan name from 2018 onward and the latest business partnerships should reference official IR)
2. Business segment map
| Segment | Content | Characteristics |
|---|---|---|
| Personal finance | Deposits, housing loans, card loans, asset management | No. 1 share within Yamagata Prefecture, demarcated from JA Bank Yamagata |
| Corporate finance | SME lending, working capital, capital investment | For intra-prefecture manufacturing (electronic components, precision machinery), tourism, agriculture |
| Tourism-related | Lending to inns / tourism operators for Zao Onsen, Yamadera, Ginzan Onsen, and Mogamigawa boat-rides | Benefit from inbound-tourism recovery (^[likely]) |
| Agriculture-related | For cherry (No. 1 in production), Yonezawa beef, Tsuyahime rice, and La France farmers | Support for 6 ary-industrialization, GAP-certification support (^[likely]) |
| Public funds | Yamagata Prefecture / municipal designated financial institution | Collection agency for the prefecture’s major cities such as Yamagata City and Yonezawa City (^[likely]) |
| Out-of-prefecture bases | Sendai, Tokyo, Osaka | Native-people network, main bank for Tokyo-expansion companies |
| International | Overseas correspondent contracts (China, Southeast Asia, others) | Trade-finance support for intra-prefecture export companies (^[likely]) |
| Digital | Yamagin app, internet banking | Use of shared regional-bank services (^[likely]) |
Competitive landscape (Yamagata Prefecture / Tohoku region)
| Competitor | Relationship | Area |
|---|---|---|
| jimoto-hd / Kirayaka Bank (Yamagata City) | The largest intra-prefecture competitor, second-tier regional bank | All of Yamagata Prefecture |
| fidea-hd / Shonai Bank (Tsuruoka City) | Competitor in the Shonai region, second-tier regional bank | Shonai region of Yamagata Prefecture |
| fidea-hd / Hokuto Bank (Akita City) | Neighboring prefecture, partial competition in the Mogami region | Akita Prefecture, northern Yamagata Prefecture |
| 77 Bank (Sendai) | Competitor at the Sendai branch | Miyagi Prefecture, all of Tohoku |
| Toho Bank (Fukushima) | Partial competition in the Yonezawa / Okitama region | Fukushima Prefecture, southern Yamagata Prefecture |
| JA Bank Yamagata | Overlaps in agricultural finance | Yamagata Prefecture farming belt |
| Japan Post Bank | All of the prefecture, personal deposits | All of Yamagata Prefecture |
| Internet banks (PayPay Bank, Rakuten Bank, etc.) | A factor in youth attrition | Nationwide |
Strategic position: Maintains scale while remaining a standalone regional bank. While other banks in neighboring prefectures undergo HD integration (jimoto-hd, fidea-hd), it has chosen an independent path.
Regional strategy
- Tourism finance: Lending / consulting to tourism operators such as Zao, Yamadera, Ginzan Onsen, and Mogamigawa boat-rides
- Agricultural 6 ary-industrialization: Support for processing and sales-channel development of cherries, Yonezawa beef, Tsuyahime rice, and La France (^[likely])
- Manufacturing support: Business succession and M&A intermediation for electronic components (Yamagata, Yonezawa) and precision machinery (^[likely])
- Inbound tourism: Support for tourism operators accompanying the recovery of foreign tourists at Zao Ski Resort and Ginzan Onsen (^[likely])
Digital / regional-bank cooperation
- Use of the regional-bank shared center (^[likely], a Tohoku regional-bank standard)
- Smartphone app, QR-code payment support
4. Regulation / policy
- Supervisor: Financial Services Agency (FSA), Tohoku Local Finance Bureau
- Regulation: Banking Act (first-tier regional bank, member of the Regional Banks Association of Japan)
- Deposit insurance: Member of the Deposit Insurance Corporation (protects 1 depositors / 1 financial institutions up to 1000 万円)
- Recent policy issues (^[likely]):
- 2024〜 BoJ policy-rate normalization → bonus to domestic interest margins
- 2025〜 population decline (Yamagata Prefecture ranks high in population-decline rate) → pressure of intra-prefecture market contraction
- Regional-bank reorganization pressure (FSA / Fair Trade Commission antitrust-law exception) → continuation of the standalone path vs the choice of integration
- Requests for tourism-DX / agriculture-DX support
Related
- jimoto-hd (Kirayaka Bank / Sendai Bank HD, the largest intra-prefecture competitor)
- fidea-hd (Shonai Bank / Hokuto Bank HD, partial competition in the Shonai region / Akita)
- mufg · smfg · mizuho-fg (megabanks, transaction relationships via Tokyo)
- ndfg · shinsei-bank (^[likely] low relevance)
Sources
- Wikipedia: 株式会社山形銀行 (https://ja.wikipedia.org/wiki/山形銀行, based on 2026-05-19 extraction)
- Yamagata Bank official site (https://www.yamagatabank.co.jp/)
- Yamagata Bank IR / securities report (FY2024 = 2025-03 period, official disclosed basis)
- Regional Banks Association of Japan member-bank list
[!info] Verification status