The Tochigi Bank, Ltd. Provides Consolidated Earnings Guidance for the First Half and for the Fiscal Year Ending March 31, 2025
May 10, 2024 at 02:30 am EDT
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The Tochigi Bank, Ltd. provided consolidated earnings guidance for the First half and for the fiscal year ending March 31, 2025. For the First half, the company expects ordinary revenue to be JPY 21,000 million, ordinary profit to be JPY 2,900 million, profit attributable to owners of parent to be JPY 1,800 million and basic earnings per share to be JPY 17.38.
For the fiscal year, the company expects ordinary revenue to be JPY 43,000 million, ordinary profit to be JPY 5,900 million, profit attributable to owners of parent to be JPY 3,600 million and basic earnings per share to be JPY 34.76.
Tochigi Bank Ltd is a Japan-based regional bank mainly engaged in the provision of financial services including banking services, financial instruments trading, leasing, credit guarantee and card business. The Bank operates in two business segments. The Banking segment is engaged in the provision of deposit services, loan services, trading of commodity securities, over-the-counter sales of securities investment trusts, over-the-counter sales of life and non-life insurance products, securities investment services, domestic exchange services, foreign exchange services, bond acceptance and registration services, and other incidental services. The Financial Instruments Trading segment is engaged in the trading of securities. The other businesses include leasing business such as the leasing of equipment, credit guarantee business such as mortgage guarantee business, card business such as credit card business, renewable energy power generation, sales business and consulting business.