Hokkoku Financial, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 16%, Oct-Dec Ordinary Profit Decreases by 34%

About Information Provided on This Site

The information provided on our website 'Kabutan.com' is not intended to constitute investment solicitation or investment advisory services.
All investment decisions should be made at your own discretion and judgment.
The data on our website is provided by Tokyo Stock Exchange, Osaka Exchange, Nagoya Securities Exchange, JPX Market Innovation & Research, Japannext, and other sources.
Copyright of the Nikkei Stock Average belongs to Nikkei Inc. Stock price charts displayed on Kabutan.com are provided solely for the purpose of reviewing historical price movements of the securities.
These charts neither suggest nor guarantee future price movements of the securities and do not constitute recommendations to buy or sell.
In our financial results coverage, the term 'Surprise Results' identifies securities that demonstrate a significant degree of surprise in their earnings announcements.
This significance is quantitatively assessed based on multiple factors, including: the nature of the announcement (full-year or quarterly results); types of revisions (earnings or dividend forecasts); and numerical analysis comparing the announced results with both the company's previous forecasts and historical performance.
The 'Surprise Ranking' presents these results in order of their calculated surprise factor. Please note that neither these results nor rankings are intended to suggest or guarantee future performance of the listed securities, nor should they be construed as recommendations to buy or sell.

Fri Jan 31, 2025 1:00 pm JST Earnings

7381 Hokkoku Financial Holdings,Inc. 【J-GAAP】

Earnings Report

Hokkoku Financial Holdings,Inc. <7381> [TSE Prime] announced its financial results in the afternoon session on January 31st (13:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) decreased 16.3% from the same period last year to 11.4 billion yen. The progress rate toward the full-year plan of 15 billion yen was 76.5%, below the five-year average of 100.3%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to surge 4.7 times that of the same period last year, reaching 3.53 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 2.53 billion yen, a 34.0% decrease compared to the same period last year.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2022	67,986	ー	17,399	9,960	378.6	108.4	Jan 27, 2023	J-GAAP
Apr - Dec, 2023	69,197	ー	13,707	9,219	380.8	94.8	Jan 26, 2024	J-GAAP
Apr - Dec, 2024	65,962	ー	11,469	6,843	298.3	76.5	Jan 31, 2025	J-GAAP
YoY	-4.7%	－	-16.3%	-25.8%	-21.7%

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	42,832	ー	4,599	2,209	92.3	55	Apr 26, 2024	J-GAAP
Oct - Mar, 2024 Guidance	ー	ー	6,067	4,341	191.2	60	Oct 30, 2024	J-GAAP
YoY	－	－	+31.9%	+96.5%	+107.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	84,743	ー	16,046	8,741	336.1	100	May 8, 2023	J-GAAP
Mar, 2024	90,839	ー	14,461	9,055	378.3	110	Apr 26, 2024	J-GAAP
Mar, 2025 Guidance	ー	ー	15,000	10,000	440.5	120	Apr 26, 2024	J-GAAP
YoY	－	－	+3.7%	+10.4%	+16.4%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	21,190	ー	3,845	2,373	98.0	0.0	Jan 26, 2024	J-GAAP
Jan - Mar, 2024	21,642	ー	754	-164	-6.9	0.0	Apr 26, 2024	J-GAAP
Apr - Jun, 2024	21,892	ー	3,686	2,387	103.2	0.0	Jul 31, 2024	J-GAAP
Jul - Sep, 2024	22,992	ー	5,247	3,272	142.0	0.0	Oct 30, 2024	J-GAAP
Oct - Dec, 2024	21,078	ー	2,536	1,184	51.6	0.0	Jan 31, 2025	J-GAAP
YoY	-0.5%	－	-34.0%	-50.1%	-47.3%