The Hachijuni Bank, Ltd. Announces Consolidated and Non-Consolidated Financial Results for the Year Ended March 31, of 2017; Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 2017 and for the Full Year Ending March 31, 2018
April 28, 2017 at 11:30 am EDT
Share
The Hachijuni Bank, Ltd. announced consolidated and non-consolidated financial results for the year ended March 31, of 2017. For the period, on consolidated basis the company reported ordinary revenues of JPY 209,160 million against JPY 181,203 million for the same period a year ago. Ordinary income was JPY 40,421 million against JPY 49,023 million for the same period a year ago. Profit attributable to owners of parent was JPY 26,312 million against JPY 30,171 million for the same period a year ago. Diluted earnings per share were JPY 51.86 per share against JPY 59.79 per share for the same period a year ago. Rate of return on equity was 3.8% against 4.5% for the same period a year ago. Cash flows from operating activities was JPY 272,026 million against JPY 86,918 million for the same period a year ago.
On non-consolidated basis, the company reported ordinary revenues of JPY 169,558 million against JPY 141,655 million for the same period a year ago. Ordinary income was JPY 34,205 million against JPY 42,462 million for the same period a year ago. Profit was JPY 23,173 million against JPY 27,765 million for the same period a year ago. Diluted earnings per share were JPY 45.67 per share against JPY 54.99 per share for the same period a year ago.
For the six months ending September 2017, on consolidated basis, ordinary income is expected to be JPY 18,000 million. Profit attributable to owners of parent is expected to be JPY 11,500 million. Basic earnings per share are expected to be JPY 22.69 per share.
For the six months ending September 2017, on non-consolidated basis, ordinary income is expected to be JPY 15,000 million. Profit is expected to be JPY 10,000 million. Basic earnings per share are expected to be JPY 19.73 per share.
For the full year ending March 2018, on consolidated basis, ordinary income is expected to be JPY 35,000 million. Profit attributable to owners of parent is expected to be JPY 23,000 million. Basic earnings per share are expected to be JPY 45.39 per share.
For the full year ending March 2018, on non-consolidated basis, ordinary income is expected to be JPY 29,000 million. Profit is expected to be JPY 20,000 million. Basic earnings per share are expected to be JPY 39.47 per share.
The Hachijuni Bank, Ltd. (the Bank) is a regional bank which operates in two business segments. The Banking segment provides deposit, loan, domestic exchange, foreign exchange and trust services. This segment is also engaged in the credit guarantee, debt management and collection, as well as fund transaction. The Leasing segment is engaged in the provision of leasing services. The Bank is also engaged in the purchase and sale of securities, as well as the investment business.
The Hachijuni Bank, Ltd. Announces Consolidated and Non-Consolidated Financial Results for the Year Ended March 31, of 2017; Provides Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ending September 2017 and for the Full Year Ending March 31, 2018
THE HACHIJUNI BANK, LTD. 
