THE TOCHIGI BANK,LTD., First Half Ordinary Profit Revised Downward by 30%

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Wed Oct 30, 2024 3:00 pm JST Revision

8550 THE TOCHIGI BANK,LTD. 【J-GAAP】

Guidance Update Report

THE TOCHIGI BANK,LTD. <8550> [TSE-P] announced a performance revision after the market closed on October 30th (15:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has downwardly by 29.7%, from the previous forecast of 2.9 billion yen to 2.04 billion yen (compared to 3.45 billion yen in the same period of the previous year), leading to an increase in the profit decline rate from 16.1% to 41.0%.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 5.9 billion yen(compared to 4.23 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	21,000	ー	2,900	1,800	17.4	3.50	May 10, 2024	J-GAAP
Apr - Sep, 2024 New	22,130	ー	2,040	1,470	14.2	3.50	Oct 30, 2024	J-GAAP
Revision Rate	+5.4%	－	-29.7%	-18.3%	-18.4%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	21,081	ー	3,457	1,843	17.8	3	Nov 10, 2023	J-GAAP
Apr - Sep, 2024 Guidance	22,130	ー	2,040	1,470	14.2	3.50	Oct 30, 2024	J-GAAP
YoY	+5.0%	－	-41.0%	-20.2%	-20.3%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	45,222	ー	5,062	2,652	25.6	6	May 12, 2023	J-GAAP
Mar, 2024	45,276	ー	4,234	2,101	20.3	6	May 10, 2024	J-GAAP
Mar, 2025 Guidance	43,000	ー	5,900	3,600	34.7	7	May 10, 2024	J-GAAP
YoY	-5.0%	－	+39.3%	+71.3%	+71.2%