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Shiga Bank (TSE:8366) Altman Z-Score


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What is Shiga Bank Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

Shiga Bank Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Shiga Bank Ltd (TSE:8366) » Definitions » Altman Z-Score
Comparable Companies
TSE:8358 TSE:7327 TSE:8524 TSE:8304 TSE:8381 TSE:7189 TSE:5832 TSE:8368 TSE:7173 TSE:7380 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 SGX:D05 XPAR:BNP MIL:ISP MIL:UCG NSE:SBIN TSE:8411
Traded in Other Exchanges
N/A
Address
1-38 Hamamachi, Otsu, Shiga, JPN, 520-8686
Website
http://www.shigagin.com
Shiga Bank Ltd is a Japanese bank that has a majority of its deposit and loan portfolio targeting the Shiga prefecture. The bank's strategy emphasizes regional market penetration to build and grow its current customer base. Its corporate customer acquisition strategy attempts to leverage its financial intermediary functions. Its high-net-worth client acquisition strategy emphasizes pushing trust products and inheritance tax mitigation measures such as real estate. Loans on deeds constitute an overwhelming majority of its loan portfolio. The bank's deposit base, however, is split nearly evenly between ordinary and time deposits.