The Hyakugo Bank, Ltd. Provides Earnings Guidance for the Full Year Ending March 31, 2022
June 01, 2021 at 02:40 am EDT
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The Hyakugo Bank, Ltd. provided earnings guidance for the full year ending March 31, 2022. The company forecast a decrease in profit for the fiscal year ending March 31, 2022, with non-consolidated net income of JPY 11.0 billion and JPY 11.3 billion on a consolidated basis.
The Hyakugo Bank, Ltd. is a Japan-based company mainly provides financial services such as leasing business mainly banking. The Company mainly operates through two business segments. The Banking segment provides deposit services, loan services, domestics exchange services and foreign exchange services. This segment is involved in the investment trust and insurance counter sales, financial product intermediation, merger and acquisition (M&A) and syndicated loans. This segment is also engaged in the examination and adjustment of cash, the storage and management of documents and accounting books, the survey and evaluation of real estate, the placement agency and personnel management business. The Leasing segment is engaged in the leasing business. The Company is also engaged in the trading of financial products, the credit card and credit guarantee business, the provision of regional industry survey- and consulting-related services, as well as the processing of information business.
THE HYAKUGO BANK, LTD. 
