Toho Bank (TSE:8346) Shares Outstanding (Basic Average): 250 Mil (As of Mar. 2026)


TSE:8346 Toho Bank Ltd TSE:8346
47 GF Score
Price 円765.00
GF Value 円417.55
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Toho Bank Shares Outstanding (Basic Average)?

Toho Bank TSE:8346 +1.19% 47 Shares Outstanding (Basic Average) is 250 Mil as of Mar. 2026. GuruFocus rates TSE:8346 with a GF Score™ of 47/100 and a GF Value™ of 円417.55 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Toho Bank's average basic shares outstanding for the quarter that ended in Mar. 2026 was 250 Mil.


Toho Bank  (TSE:8346) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Toho Bank Shares Outstanding (Basic Average) Related Terms


Toho Bank Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Toho Bank's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Toho Bank Shares Outstanding (Basic Average) Chart

Toho Bank Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.06 252.06 252.20 250.02 249.83

Toho Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 250.02 249.85 249.77 249.85 249.83
TSE:8346
47GF Score
Toho Bank Ltd TSE:8346
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Toho Bank Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 250 Mil mean?
Toho Bank (TSE:8346) has a Shares Outstanding (Basic Average) of 250 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Toho Bank and its competitors.
Is Toho Bank's Shares Outstanding (Basic Average) too high?
Toho Bank's current Shares Outstanding (Basic Average) is 250 Mil. Overall, Toho Bank has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toho Bank's Shares Outstanding (Basic Average) compare to competitors?
Toho Bank's Shares Outstanding (Basic Average) of 250 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Banks company?
A good Shares Outstanding (Basic Average) depends on the Banks industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Toho Bank and its competitors. Toho Bank's current Shares Outstanding (Basic Average) is 250 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Bank stock overvalued right now?
Based on GuruFocus' analysis, Toho Bank (TSE:8346) is currently considered Significantly Overvalued. The stock's GF Value™ is 円417.55, compared to a current price of 円765.00 — trading 83.2% above its estimated fair value. The current Shares Outstanding (Basic Average) is 250 Mil. Toho Bank's overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Toho Bank (TSE:8346), the current Shares Outstanding (Basic Average) is 250 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Toho Bank (TSE:8346) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Bank stock appears to be overvalued. The current stock price of 円765.00 is trading 83.2% above its estimated GF Value™ of 円417.55. GuruFocus considers Toho Bank to be Significantly Overvalued.

Key valuation signals for TSE:8346:

  • Shares Outstanding (Basic Average): 250 Mil
  • GF Value™: 円417.55 vs. price of 円765.00 (83.2% above fair value)
  • GF Score™: 47/100 with 6 warning signs

No single metric tells the full story. See the TSE:8346 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toho Bank Business Description

Address 3-25, Ohmachi, Fukushima, JPN, 960-8633
Toho Bank Ltd is a Japanese regional commercial bank group operating in the Fukushima prefecture of the island nation. The group consists of a bank and seven subsidiaries, which provide banking, leasing, credit card, and credit guaranteeing services. The banking business consists of money transfer, lending, foreign exchange services, and associate businesses. Most of the group's earnings assets are in loans and bill discounted, followed by securities. Net interest income and fees and commissions income generate most of the group's income.
47GF Score

Get the complete analysis for TSE:8346

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円765.00
Price
円417.55
GF Value