THE OITA BANK, LTD., First Half Ordinary Profit Revised Upward by 15%

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Mon Oct 28, 2024 3:00 pm JST Revision

8392 THE OITA BANK, LTD. 【J-GAAP】

Guidance Update Report

THE OITA BANK, LTD. <8392> [TSE-P] announced a performance revision after the market closed on October 28th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 15.2%, from the previous forecast of 4.6 billion yen to 5.3 billion yen (compared to 4.41 billion yen in the same period of the previous year), increasing the growth rate from 4.3% to 20.2%.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 9.4 billion yen(compared to 9.08 billion yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2024 Prev	34,200	ー	4,600	3,200	204.9	50	May 13, 2024	J-GAAP
Apr - Sep, 2024 New	38,800	ー	5,300	3,700	237.7	50	Oct 28, 2024	J-GAAP
Revision Rate	+13.5%	－	+15.2%	+15.6%	+16.0%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	37,331	ー	4,411	3,210	203.3	45	Nov 13, 2023	J-GAAP
Apr - Sep, 2024 Guidance	38,800	ー	5,300	3,700	237.7	50	Oct 28, 2024	J-GAAP
YoY	+3.9%	－	+20.2%	+15.3%	+16.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	72,905	ー	7,796	5,409	342.8	90	May 12, 2023	J-GAAP
Mar, 2024	73,240	ー	9,083	6,536	413.8	95	May 13, 2024	J-GAAP
Mar, 2025 Guidance	68,100	ー	9,400	6,600	426.8	100	May 13, 2024	J-GAAP
YoY	-7.0%	－	+3.5%	+1.0%	+3.1%