The Tochigi Bank, Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2022, and the Full Year Ending March 31, 2023
May 23, 2022 at 02:00 am EDT
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The Tochigi Bank, Ltd. provided consolidated and non-consolidated earnings guidance for the six months ending September 30, 2022, and the full year ending March 31, 2023. For the six months ending September 30, 2022, the company expects a consolidated ordinary income of ¥20,000 million, an Ordinary profit of ¥2,500 million, and a Profit attributable to owners of the parent of ¥1,500 million or ¥14.36 per share.
For the year ending March 31, 2023, the expects consolidated ordinary income of ¥40,000 million, an Ordinary profit of ¥5,000 million, and Profit attributable to owners of the parent of ¥3,000 million or ¥28.72 per share.
For the six months ending September 30, 2022, the company expects a non-consolidated ordinary income of ¥17,100 million, an Ordinary profit of ¥2,200 million, and a Profit of ¥1,300 million or ¥12.45 per share.
For the year ending March 31, 2023, the expects non-consolidated ordinary income of ¥34,000 million, an Ordinary profit of ¥4,300 million, and Profit of ¥2,600 million or ¥24.89 per share.
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.
The Tochigi Bank, Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 30, 2022, and the Full Year Ending March 31, 2023