5831:TSEShizuoka Financial Group, Inc. Analysis

Shizuoka Financial Group is trading above its 20‑day (¥2,918), 50‑day (¥2,834) and 200‑day (¥2,460) moving averages, with a bullish MACD histogram (+¥5) and an RSI of 59 indicating momentum is still on the upside. Volume is increasing and the stock sits comfortably above the identified support at ¥2,720, while the next resistance around ¥3,098 offers roughly a 6‑7% upside potential, reflected in the current Extreme Greed market sentiment (Fear‑Greed Index 84.5).
Fundamentally, the bank posted a 30% revenue surge and maintains a healthy operating margin of 30%, though cash flow is negative and debt levels are high. The PE of 17.7 is modestly above the industry average of 16.5, but the 3.3% dividend yield with a 48% payout ratio suggests earnings are sufficient to sustain payouts. Low beta (≈0.01–0.34) and a market cap of ¥1.58 trillion provide a solid liquidity cushion, while volatility at 27% and a max drawdown of 20% signal moderate price swings. Overall, the stock appears fairly valued with a blend of growth and income attributes.