The Shizuoka Bank, Ltd. Reports Consolidated Earnings Results for Six Months Ended September 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019
November 06, 2018 at 02:00 am EST
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The Shizuoka Bank, Ltd. reported consolidated earnings results for six months ended September 30, 2018. For the period, the company reported ordinary revenue of JPY 123,779 million compared to JPY 110,688 million a year ago. Operating profit was JPY 38,780 million compared to JPY 35,370 million a year ago. Profit attributable to owners of parent was JPY 29,984 million compared to JPY 24,912 million a year ago. Basic earnings per share were JPY 50.49 compared to JPY 41.26 a year ago. Diluted earnings per share was JPY 48.66 against JPY 38.82 a year ago.
The company provided earnings guidance for the fiscal year ending March 31, 2019. For the year, the company expects Ordinary profit of JPY 72,000 million, profit attributable to owners of parent of JPY 52,000 million and basic earnings per share of JPY 87.99.
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. Reports Consolidated Earnings Results for Six Months Ended September 30, 2018; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2019
THE SHIZUOKA BANK, LTD. 
