The Joyo Bank, Ltd. announced unaudited consolidated earnings results for the first quarter ended June 30, 2016. For the year, the company reported ordinary revenues of ¥42,011 million against ¥43,579 million a year ago. Ordinary income was ¥12,469 million against ¥14,801 million a year ago. Profit attributable to owners of parent was ¥8,662 million or ¥11.98 per diluted share against ¥10,414 million or ¥14.40 per diluted share a year ago. Profit before income taxes was ¥12,311 million against ¥14,763 million a year ago.

The company provided earnings guidance for the six months ending September 2016. For the quarter, the company reported ordinary income of or ¥24,000 million, profit attributable to owners of parent of ¥16,000 million or ¥22.82 per share.

The company provided earnings guidance for the year ending March 31, 2017. For the quarter, the company reported ordinary income of or ¥45,000 million, profit attributable to owners of parent of ¥31,000 million or ¥42.88 per share.

The company provided dividend guidance for the second quarter of fiscal 2017. The company expects to pay second quarter dividend of ¥6.00 per share for the fiscal year ending March 31, 2017 against ¥6.00 per share as year ago.

For the quarter, the company reported impairment loss of ¥126 million against ¥12 million a year ago.