San-In Godo Bank Ltd. Announces Unaudited Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Fiscal Year Ending March 31, 2018
May 10, 2018
Share
San-In Godo Bank Ltd. announced unaudited consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, the consolidated company reported ordinary income of ¥95,806 million against ¥93,746 million a year ago. Ordinary profit was ¥19,867 million against ¥20,562 million a year ago. Income before income taxes was ¥19,685 million against ¥20,366 million a year ago. Net income attributable to owners of the bank was ¥13,692 million against ¥13,399 million a year ago. Basic earnings per share were ¥87.76 against ¥85.27 a year ago. Net cash used in operating activities was ¥27,517 million against net cash provided by operating activities of ¥71,178 million a year ago. Purchases of tangible fixed assets were ¥1,240 million against ¥845 million a year ago. Purchases of intangible fixed assets were ¥1,052 million against ¥580 million a year ago. Net assets per share were ¥2,311.15.
For the year, the non-consolidated company reported ordinary income of ¥79,039 million against ¥77,898 million a year ago. Income before income taxes was ¥19,073 million against ¥19,247 million a year ago. Net income was ¥13,357 million against ¥13,385 million a year ago. Basic earnings per share were ¥85.61 against ¥85.18 a year ago. Net assets per share were ¥2,255.35.
For the year ending March 31, 2018, on consolidated basis, the company expects ordinary income of ¥90,000 million, ordinary profit of ¥18,900 million, net income attributable to owners of the Bank of ¥13,100 million or basic earnings per share of ¥83.94.
For the six months ending September 30, 2018, on consolidated basis, company expects ordinary income of ¥46,600 million, ordinary profit of ¥9,300 million, net income attributable to owners of the Bank of ¥6,500 million or basic earnings per share of ¥41.65.
For the year ending March 31, 2018, on non-consolidated basis, the company expects ordinary income of ¥74,200 million, ordinary profit of ¥18,300 million, net income of ¥12,800 million or basic earnings per share of ¥82.02.
For the six months ending September 30, 2018, on non-consolidated basis, company expects ordinary income of ¥38,200 million, ordinary profit of ¥8,800 million, net income of ¥6,100 million or basic earnings per share of ¥39.08.
San-in Godo Bank Ltd operates business related to financial services such as leasing, and credit guarantee, with a focus on banking. The Bank operates in two business segments. The Banking segment is engaged in the deposit, loan, securities investment, domestic exchange, foreign exchange, bond and bond registration businesses through the head office and branches. The Leasing segment is involved in the leasing business. The others business is engaged in the banking, leasing and credit guarantee business.
San-In Godo Bank Ltd. Announces Unaudited Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018; Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2018 and Fiscal Year Ending March 31, 2018