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The Musashino Bank, Ltd., First Half Ordinary Profit Revised Upward by 7%, Full Year also Increased, Dividend Revised Upward by 10 yen

Thu Oct 31, 2024 12:15 pm JST Revision

8336 The Musashino Bank, Ltd. 【J-GAAP】

Guidance Update Report

The Musashino Bank, Ltd. <8336> [TSE-P] announced a revision to its performance and dividend at noon (12:15) on October 31st. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 6.7%, from the previous forecast of 8.9 billion yen to 9.5 billion yen (compared to 8 billion yen in the same period of the previous year), increasing the growth rate from 11.2% to 18.7%.

Following the strong performance in the first half, the full-year consolidated ordinary profit has been revised upward by 2.9%, from the previous forecast of 17.3 billion yen to 17.8 billion yen (compared to 16.2 billion yen in the previous period), increasing the growth rate from 6.4% to 9.5%.

At the same time, the dividend for the first half of this fiscal year has been increased from the original plan of 55 yen to 60 yen, and the dividend for the second half has also been revised upwards from the original plan of 55 yen to 60 yen. The annual dividend will be 120 yen (compared to 105 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 39,100 8,900 6,500 196.5 55 May 10, 2024 J-GAAP
Apr - Sep, 2024 New 40,900 9,500 7,000 211.6 60 Oct 31, 2024 J-GAAP
Revision Rate +4.6% +6.7% +7.7% +7.7%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 78,000 17,300 12,200 368.8 110 May 10, 2024 J-GAAP
Mar, 2025 New 82,800 17,800 12,700 383.9 120 Oct 31, 2024 J-GAAP
Revision Rate +6.2% +2.9% +4.1% +4.1%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 40,904 8,005 6,045 181.9 50 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 Guidance 40,900 9,500 7,000 211.6 60 Oct 31, 2024 J-GAAP
YoY 0.0% +18.7% +15.8% +16.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 81,901 15,634 10,865 324.6 95 May 11, 2023 J-GAAP
Mar, 2024 81,068 16,261 11,264 339.7 105 May 10, 2024 J-GAAP
Mar, 2025 Guidance 82,800 17,800 12,700 383.9 120 Oct 31, 2024 J-GAAP
YoY +2.1% +9.5% +12.7% +13.0%

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