The Tochigi Bank, Ltd. Revises Consolidated and Non-Consolidated Earnings Guidance for the Six Months Ended September 30, 2023
November 01, 2023 at 03:45 am EDT
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The Tochigi Bank, Ltd. revised consolidated and non-consolidated earnings guidance for the six months ended September 30, 2023. For the six months ended September 30, 2023, on consolidated basis, the company expects ordinary income of JPY 21,000 million compared to previous guidance of JPY 20,500 million, ordinary profit of JPY 3,400 million compared to previous guidance of JPY 2,400 million and profit attributable to owners of parent of JPY 1,800 million or JPY 17.38 per share compared to previous guidance of JPY 1,300 million or JPY 12.56 per share.
For the six months ended September 30, 2023, on non-consolidated basis, the company expects ordinary income of JPY 18,600 million compared to previous guidance of JPY 17,500 million, ordinary profit of JPY 3,000 million compared to previous guidance of JPY 2,200 million and profit of JPY 1,600 million or JPY 15.45 per share compared to previous guidance of JPY 1,200 million or JPY 11.59 per share.
THE TOCHIGI BANK, LTD. (the Bank) is a Japan-based regional bank mainly engaged in the provision of financial services, with a focus on banking services. The Bank operates in two businesses. The banking business is engaged in the provision of deposit services, loan services, and domestic and foreign exchange services, securities trading and investment services, bonds services and the registration service and other services, as well as the over-the-counter sale of insurance products. The Leasing segment is engaged in the provision of equipment leasing services, housing loan guarantee services, credit card services and others. The other business is engaged in provision of equipment leasing services, housing loan guarantee services, securities buying and selling service, credit card services and others.
THE TOCHIGI BANK, LTD. 
