The Shizuoka Bank, Ltd. Announces Dividend for the Year Ended March 31, 2020, Payable on June 22, 2020; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2021; Reports Earnings Results for the Year Ended March 2020; Provides Earnings Guidance for the Year Ending March 31, 2021 and for Six Months Ending September 2020
May 11, 2020 at 02:00 am EDT
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The Shizuoka Bank, Ltd. announced dividend of JPY 11.00 per share for the year ended March 31, 2020 against JPY 11.00 per share paid a year ago. Dividend payable date is June 22, 2020.
The company expected dividend of JPY 11.00 per share for the second quarter of year ending March 31, 2021 against JPY 11.00 per share paid a year ago.
The company expected dividend of JPY 11.00 per share for the year ending March 31, 2021 against JPY 11.00 per share paid a year ago.
The company reported earnings results for the year ended March 2020. For the year, the company reported ordinary revenue of ¥229,295 million compared to ¥235,736 million a year ago. Profit attributable to owners of parent was ¥38,703 million or ¥67.19 per basic share and ¥65.40 per diluted share compared to ¥46,874 million or ¥79.31 per basic share and ¥76.93 per diluted share a year ago.
The company provided earnings guidance for the year ending March 31, 2021. For the year, the company expects profit attributable to owners of the parent of ¥42,000 million or ¥73.18 per basic share.
For the six months ending September 2020, the company expects profit attributable to owners of the parent of ¥17,000 million or ¥29.62 per basic share.
Shizuoka Financial Group, Inc. is one of the leading Japanese banking groups. The activity is essentially organized around 2 areas:
- commercial banking: sale of traditional and specialized banking services to individuals and companies (deposits, loans, management of investment securities, foreign exchange transactions, issue of credit cards, etc.);
- financial banking: in particular the granting of leasing to individuals and companies.
The Shizuoka Bank, Ltd. Announces Dividend for the Year Ended March 31, 2020, Payable on June 22, 2020; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2021; Reports Earnings Results for the Year Ended March 2020; Provides Earnings Guidance for the Year Ending March 31, 2021 and for Six Months Ending September 2020
THE SHIZUOKA BANK, LTD. 
