kabutan

The Bank of Toyama,Ltd., First Half Ordinary Profit Turns to Profit

Fri Nov 8, 2024 2:30 pm JST Earnings

8365 The Bank of Toyama,Ltd. 【J-GAAP】

Earnings Report

The Bank of Toyama,Ltd. <8365> [TSE-S] announced its financial results in the afternoon session on November 8th (14:30). The consolidated ordinary profit/loss for the cumulative second quarter of the fiscal year ending March 2025 (April to September) turned into a profit of 769 million yen (compared to a loss of 382 million yen in the same period last year). The progress rate against the 900 million yen full-year plan was 85.4%, it was below the five-year average of 132.2%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to significant drop by 88.8% from the same period last year to 131 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit/loss turned to a profit of profit of 303 million yen (compared to a loss of 933 million yen in the same period last year).

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 6,668 ー 1,403 787 145.5 87.6 Nov 9, 2022 J-GAAP
Apr - Sep, 2023 4,535 ー -382 -218 -40.4 ー Nov 8, 2023 J-GAAP
Apr - Sep, 2024 4,545 ー 769 537 99.2 85.4 Nov 8, 2024 J-GAAP
YoY +0.2% － － － －

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance ー ー 750 500 92.1 25 Oct 25, 2024 J-GAAP
Apr - Sep, 2024 Results 4,545 ー 769 537 99.2 25 Nov 8, 2024 J-GAAP
Revision Rate － － +2.5% +7.4% +7.6%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2023 5,611 ー 1,170 850 156.9 25 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance ー ー 131 163 30.6 25 Nov 8, 2024 J-GAAP
YoY － － -88.8% -80.8% -80.5%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 10,821 ー 1,602 972 179.7 50 May 11, 2023 J-GAAP
Mar, 2024 10,146 ー 788 632 116.7 50 May 10, 2024 J-GAAP
Mar, 2025 Guidance ー ー 900 700 131.4 50 May 10, 2024 J-GAAP
YoY － － +14.2% +10.8% +12.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 2,210 ー -933 -599 -110.9 0.0 Nov 8, 2023 J-GAAP
Oct - Dec, 2023 3,399 ー 1,384 1,005 185.7 0.0 Feb 6, 2024 J-GAAP
Jan - Mar, 2024 2,212 ー -214 -155 -28.6 0.0 May 10, 2024 J-GAAP
Apr - Jun, 2024 2,306 ー 466 324 59.8 0.0 Aug 2, 2024 J-GAAP
Jul - Sep, 2024 2,239 ー 303 213 39.3 0.0 Nov 8, 2024 J-GAAP
YoY +1.3% － － － －

Related Articles