The Shizuoka Bank, Ltd. Provides Earnings Guidance for the First Half Ending Sept. 2018 and Fiscal Year Ending March 2019; Announces Earnings Results for the First Quarter Ended June 2018
July 27, 2018 at 03:00 am EDT
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The Shizuoka Bank, Ltd. provided earnings guidance for the first half ending Sept. 2018 and fiscal year ending March 2019. For the fiscal year 2019, the company expects to report ordinary profit of JPY 72,000 million and profit attributable to owners of parent of JPY 52,000 million or JPY 87.55 per basic share.
For the first half ending Sept. 2018, the company expects to report ordinary profit of JPY 36,200 million and profit attributable to owners of parent of JPY 27,800 million or JPY 46.81 per basic share.
The company announced earnings results for the first quarter ended June 2018. For the period, the company reported diluted earnings per share of JPY 23.24 compared to JPY 17.31 a year ago.
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. Provides Earnings Guidance for the First Half Ending Sept. 2018 and Fiscal Year Ending March 2019; Announces Earnings Results for the First Quarter Ended June 2018