THE TAIKO BANK,LTD., First Half Ordinary Profit Revised Upward to an Unexpected 30% Increase

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Tue Oct 29, 2024 4:30 pm JST Revision

8537 THE TAIKO BANK,LTD. 【J-GAAP】

Guidance Update Report

THE TAIKO BANK,LTD. <8537> [TSE-S] announced a performance revision after the market closed on October 29th (16:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 62.8%, from the previous forecast of 1.64 billion yen to 2.67 billion yen (compared to 2.05 billion yen in the same period of the previous year), turning to a 29.9% increase in the consolidated ordinary profit outlook.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 3.28 billion yen(compared to 3.28 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	10,000	ー	1,640	1,090	114.4	30	May 10, 2024	J-GAAP
Apr - Sep, 2024 New	11,050	ー	2,670	1,800	188.9	30	Oct 29, 2024	J-GAAP
Revision Rate	+10.5%	－	+62.8%	+65.1%	+65.1%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	11,001	ー	2,056	1,197	126.2	25	Nov 10, 2023	J-GAAP
Apr - Sep, 2024 Guidance	11,050	ー	2,670	1,800	188.9	30	Oct 29, 2024	J-GAAP
YoY	+0.4%	－	+29.9%	+50.4%	+49.7%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	21,844	ー	2,238	1,280	135.5	50	May 12, 2023	J-GAAP
Mar, 2024	21,968	ー	3,285	1,716	180.6	50	May 10, 2024	J-GAAP
Mar, 2025 Guidance	20,190	ー	3,280	2,170	227.7	60	May 10, 2024	J-GAAP
YoY	-8.1%	－	-0.2%	+26.5%	+26.1%