THE BANK OF KOCHI,LTD, First Half Ordinary Profit Revised Upward to an Unexpected 44% Increase

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Wed Nov 6, 2024 3:30 pm JST Revision

8416 THE BANK OF KOCHI,LTD 【J-GAAP】

Guidance Update Report

THE BANK OF KOCHI,LTD <8416> [TSE-S] announced a performance revision after the market closed on November 6th (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 2.6 times, from the previous forecast of 540 million yen to 1.41 billion yen (compared to 980 million yen in the same period of the previous year), turning to a 43.9% increase in the consolidated ordinary profit outlook.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 1.2 billion yen(compared to 1.95 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	540	340	33.6	10	May 10, 2024	J-GAAP
Apr - Sep, 2024 New	ー	ー	1,410	950	93.9	10	Nov 6, 2024	J-GAAP
Revision Rate	－	－	+161.1%	+179.4%	+179.4%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Apr - Sep, 2023	11,438	ー	980	757	69.1	10	Nov 10, 2023	J-GAAP
Apr - Sep, 2024 Guidance	ー	ー	1,410	950	93.9	10	Nov 6, 2024	J-GAAP
YoY	－	－	+43.9%	+25.5%	+35.9%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	23,080	ー	2,551	1,601	139.3	25	May 12, 2023	J-GAAP
Mar, 2024	22,990	ー	1,952	1,251	112.0	25	May 10, 2024	J-GAAP
Mar, 2025 Guidance	ー	ー	1,200	800	79.1	25	May 10, 2024	J-GAAP
YoY	－	－	-38.5%	-36.1%	-29.4%