THE HOWA BANK,LTD., First Half Ordinary Profit Revised Upward by 92%

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Fri Nov 1, 2024 3:30 pm JST Revision

8559 THE HOWA BANK,LTD. 【J-GAAP】

Guidance Update Report

THE HOWA BANK,LTD. <8559> [FukuokaSE] announced a performance revision after the market closed on November 1st (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 92.3%, from the previous forecast of 520 million yen to 1 billion yen (compared to 467 million yen in the same period of the previous year), increasing the growth rate from 11.3% to 2.1 times.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 890 million yen(compared to 682 million 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	ー	ー	520	420	71.3	0	May 14, 2024	J-GAAP
Apr - Sep, 2024 New	ー	ー	1,000	880	149.3	0	Nov 1, 2024	J-GAAP
Revision Rate	－	－	+92.3%	+109.5%	+109.5%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	5,387	ー	467	321	54.6	0	Nov 9, 2023	J-GAAP
Apr - Sep, 2024 Guidance	ー	ー	1,000	880	149.3	0	Nov 1, 2024	J-GAAP
YoY	－	－	+114.1%	+174.1%	+173.4%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	9,886	ー	1,456	1,302	159.6	10	May 11, 2023	J-GAAP
Mar, 2024	10,465	ー	682	877	83.9	10	May 14, 2024	J-GAAP
Mar, 2025 Guidance	ー	ー	890	660	65.7	10	May 14, 2024	J-GAAP
YoY	－	－	+30.5%	-24.7%	-21.7%