Added to YB: 2024-06-11
Pitch date: 2024-06-11
8522.T [bullish]
The Bank of Nagoya, Ltd.
+101.97%
current return
Author Info
JapaneseIPO writes about unknown but growing Japanese small cap stocks. Sign up for the newsletter.
Company Info
The Bank of Nagoya, Ltd. provides various banking and financial services in Japan. The company operates through Banking, Leasing, and Credit Card segments.
Market Cap
JPY 117.0B
Pitch Price
JPY 2.3K
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
12.02
EV/Sales
N/A
Sector
Banks
Category
value
Bank of Nagoya (8522.T)
Bank of Nagoya (8522.T): Strong ties to 29K SMEs (many Toyota suppliers) in Nagoya. Benefits from rate normalization & Japan's shift to inflation. Stable local population, succession M&A for aging owners. Compelling regional bank play amid wage hikes & economic tailwinds.
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