The 77 Bank, Ltd. Announces Consolidated and Non-Consolidated Earnings Results for the Six Months Ended September 30, 2020
January 28, 2021 at 09:30 pm EST
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The 77 Bank, Ltd. announced consolidated and non-consolidated earnings results for the six months ended September 30, 2020. For the period, the consolidated company reported ordinary income was ¥55,609 million against ¥59,409 million a year ago. Net income was ¥7,477 million against ¥11,320 million a year ago.
For the period, the non-consolidated company reported ordinary income was ¥50,065 million against ¥53,974 million a year ago. Net income was ¥7,411 million against ¥11,255 million a year ago.
77 Bank Ltd is a Japan-based company mainly engaged in the provision of banking services, leasing services, and financial services such as credit card services. The Company operates through the Banking Business segment. Banking business includes deposit business, lending business, commodity securities trading business, securities investment business, domestic foreign exchange business, foreign exchange business, corporate bond trust business, agency business, debt guarantee (payment acceptance), government bonds, investment trust, over-the-counter sales of insurance products. The leasing business is engaged in financial-related leasing activities. It is also engaged in credit guarantee business, credit card business, financial product transaction business, research and consulting business, outsourcing of calculation business using electronic computing equipment, fund management business, and investment business.