The Tochigi Bank, Ltd. Revised Consolidated and Non-Consolidated Earnings Guidance or the Fiscal Year Ended March 31, 2024
May 01, 2024 at 04:15 am EDT
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The Tochigi Bank, Ltd. revised consolidated and non-consolidated earnings guidance for the fiscal year ended March 31, 2024. For the fiscal year ended March 31, 2024, on consolidated basis, the company expects ordinary income of JPY 45,200 million compared to previous guidance of JPY 41,000 million, ordinary profit of JPY 3,700 million compared to previous guidance of JPY 3,700 million and profit attributable to owners of parent of JPY 2,000 million or JPY 19.32 per share compared to previous guidance of JPY 2,000 million or JPY 19.32 per share.
For the fiscal year ended March 31, 2024, on non-consolidated basis, the company expects ordinary income of JPY 40,200 million compared to previous guidance of JPY 35,000 million, ordinary profit of JPY 3,200 million compared to previous guidance of JPY 3,200 million and profit attributable to owners of parent of JPY 1,800 million or JPY 17.38 per share compared to previous guidance of JPY 1,800 million or JPY 17.38 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.