THE TOWA BANK,LTD., First Half Ordinary Profit Revised Upward to an Unexpected 3% Increase

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Tue Nov 5, 2024 3:30 pm JST Revision

8558 THE TOWA BANK,LTD. 【J-GAAP】

Guidance Update Report

THE TOWA BANK,LTD. <8558> [TSE-P] announced a performance revision after the market closed on November 5th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 2.1 times, from the previous forecast of 1 billion yen to 2.06 billion yen (compared to 2 billion yen in the same period of the previous year), turning to a 2.9% increase in the consolidated ordinary profit outlook.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 2 billion yen(compared to 4.33 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	ー	ー	1,000	750	20.2	0	May 9, 2024	J-GAAP
Apr - Sep, 2024 New	ー	ー	2,060	1,190	32.1	0	Nov 5, 2024	J-GAAP
Revision Rate	－	－	+106.0%	+58.7%	+58.6%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	17,301	ー	2,001	1,531	41.4	0	Nov 7, 2023	J-GAAP
Apr - Sep, 2024 Guidance	ー	ー	2,060	1,190	32.1	0	Nov 5, 2024	J-GAAP
YoY	－	－	+2.9%	-22.3%	-22.5%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	33,513	ー	3,987	4,094	105.6	25	May 12, 2023	J-GAAP
Mar, 2024	34,138	ー	4,335	3,530	89.8	35	May 9, 2024	J-GAAP
Mar, 2025 Guidance	ー	ー	2,000	1,500	40.8	30	May 9, 2024	J-GAAP
YoY	－	－	-53.9%	-57.5%	-54.6%