Juroku FG

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This entry sits under regional-banks INDEX. Read it against Fukuoka FG (FFG) for peer / contrast context and banking index for the broader system / regulatory boundary.

TL;DR

Juroku FG is a regional-bank financial group based in Gifu Prefecture. Juroku FG Annual Report 2024 explains that, after more than 140 years of history, Juroku Financial Group was established in 2021-10, shifted to a holding-company structure, and repositioned its business model toward a comprehensive regional financial-services group.^↗ Its core subsidiary bank is Juroku Bank, established in 1877 as the Sixteenth National Bank, and Juroku Bank is also confirmed in the FSA bank-license workbook.^↗↗ The former Gifu Bank relationship is confirmed by an FSA public notice dated 2012-09-10, which approved the merger with Juroku Bank and set the planned merger date as 2012-09-18.^↗

1. Company overview

Legal name: 株式会社十六フィナンシャルグループ English name: Juroku Financial Group, Inc. Securities code: TSE PRIME 7380 Established: 2021-10-01 (transitioned to a holding-company structure through Juroku Bank’s sole share transfer) ^• Head office: Gifu City, Gifu Prefecture Main subsidiary: Juroku Bank (core subsidiary bank) ^•

Major subsidiaries / affiliates

Juroku FG (holding company, TSE PRIME 7380)
  ├── Juroku Bank (100%) ── core subsidiary bank, established 1877, Gifu Prefecture No.1 regional bank
  │     ├── In-prefecture operating base (Gifu, Ogaki, Tajimi, Takayama, and the wider prefecture)
  │     └── Expansion into western Aichi Prefecture (Ichinomiya and the northern edge of the Nagoya area)
  ├── Juroku Credit Guarantee ── personal-loan guarantees
  ├── Juroku Lease ── equipment leasing

Annual Report 2024 describes Juroku FG as a group of 12 companies, including Juroku FG and the core company The Juroku Bank.^↗ Annual Report 2023 overview also shows that both Juroku FG and Juroku Bank hold JCR long-term issuer ratings of A+, so the holding company and the core bank should be read as distinct entities.^↗

Former Juroku Bank lineage

1. 1877-10Sixteenth National Bank established in Gifu, the 16th numbered bank under the Meiji-era National Bank Act.
2. 1896Incorporated during the transition from national banks to ordinary banks.
3. 1898Renamed Juroku Bank in connection with the conversion to an ordinary bank.
4. 1949Listed on the Tokyo Stock Exchange during the postwar regional-bank listing wave.

Holding-company conversion

1. 2021-10-01Juroku FG established. Juroku Bank shifted to a holding-company structure and stated a business-model transition toward a comprehensive regional financial-services group.^↗
2. 2024Medium-term management plan formulated; details should be checked against official Juroku FG IR.

Adjacent relationships

• Relationship with the former Gifu Bank: on 2012-09-10, the FSA approved the merger of Juroku Bank and Gifu Bank under Banking Act Article 30, Paragraph 1. The post-merger trade name was to be Juroku Bank, the head office address was 8-26 Kandamachi, Gifu City, and the planned merger date was 2012-09-18.^↗

3. Business segment map

Geographic positioning

• Across Gifu Prefecture: branch network in major cities such as Gifu, Ogaki, Tajimi, and Takayama.
• Western Aichi expansion: operating base expansion into Ichinomiya, Bisai, and the northern edge of the Nagoya area.
• Northern edge of the Chukyo economy: positioned on the periphery of the Nagoya-centered Chukyo economic zone, competing and dividing territory with Aichi regional-bank players, including mufg‘s former Tokai Bank lineage plus Nagoya Bank and Aichi Bank.

Competition in the Chukyo economic zone

• Competition in western Aichi Prefecture with Nagoya Bank / Aichi Bank and related players such as aichi-bank.

Industrial base

• Manufacturing: auto parts suppliers around the Chukyo automotive-industry zone, electronic components, textiles, and ceramics such as Mino ware.
• Tourism: Takayama old town, Gero Onsen, Shirakawa-go World Heritage area, Nagara River cormorant fishing, and related tourism.
• Woodworking: local industries such as Hida furniture.

Unverified topics

• Semiconductor-related demand, western Aichi expansion, and in-prefecture share trends remain important follow-up topics. This version limits itself to facts directly confirmed in Juroku FG public IR or public-agency materials, and does not assert spillover effects from specific companies or factory projects.

5. Regulation / Policy

• Supervisors: Financial Services Agency (FSA) plus the Tokai Local Finance Bureau.
• Holding-company regulation: Banking Act Article 52-17.
• Core-bank license: Juroku Bank is confirmed in the FSA workbook.^↗
• Recent policy points:
  • BOJ policy-rate normalization from 2024, which can improve regional-bank margins.
  • Regional-bank restructuring pressure under regional revitalization and population decline.
  • The direction of wide-area regional-bank alliances within the Chukyo economic zone.
  • DX investment and shared core-banking-system renewal among regional banks.

7. Open questions

• How will the in-prefecture share balance with Ogaki Kyoritsu Bank evolve over the medium to long term?
• How effective is the operating-base expansion into western Aichi Prefecture, including Ichinomiya / Bisai?
• How much semiconductor-related demand in the Chukyo area will flow through to Gifu manufacturers?
• What direction will wide-area alliances through Chubu regional-bank networks take?
• What options will the next medium-term plan present for digital strategy and core-system sharing?
• What non-bank subsidiary expansion scenario follows the 2021 holding-company conversion?

Related

• ogaki-kyoritsu-bank (Ogaki Kyoritsu Bank, one of Gifu Prefecture’s two major regional-bank groups)
• san-jusan-fg (Sanjusan FG, an adjacent Mie regional bank on the Kansai-leaning side of the Chukyo economy)
• mufg (former Tokai Bank lineage and megabank of the Chukyo economy)
• shizuoka-fg (Shizuoka FG, a wide-area regional bank on the eastern edge of the Chukyo economy)
• hokuhoku-fg (Hokuriku economic zone, geographically close to northern Gifu)

Sources

• Juroku FG: Annual Report 2024 https://www.16fg.co.jp/ir/disclosure/files/annual_report_2024.pdf
• Juroku FG: Annual Report 2023 overview / group companies https://www.16fg.co.jp/ir/disclosure/files/annual_report_2023_01.pdf
• FSA: Notice on bank merger approval for Juroku Bank and Gifu Bank, 2012-09-10 https://www.fsa.go.jp/news/24/ginkou/20120910-1.html
• FSA: bank license workbook, ginkou.xlsx (Juroku Bank verified, 2026-06-24) https://www.fsa.go.jp/menkyo/menkyoj/ginkou.xlsx

[!info] Verification status confidence: likely (2026-06-24). The holding-company conversion, Juroku Bank core structure, and Gifu Bank merger approval are confirmed from official IR / FSA materials. Market share, semiconductor spillover, and branch-expansion effects remain unverified topics.