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Awa Bank, Oct-Dec (3Q) Ordinary Profit Decreases by 34%

Fri Jan 31, 2025 3:00 pm JST Earnings

8388 The Awa Bank,Ltd. 【J-GAAP】

Earnings Report

The Awa Bank,Ltd. <8388> [TSE Prime] announced its financial results in the afternoon session on January 31st (15:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 5.4% from the same period last year, reaching 13.6 billion yen. The progress rate toward the full-year plan of 17.7 billion yen was 76.9%, almost the same as the five-year average of 76.0%.

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 grow 10.2% from the same period last year, reaching 4.08 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 3.15 billion yen, a 34.0% decrease compared to the same period last year.

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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 69,532 11,016 7,750 187.9 71.4 Jan 27, 2023 J-GAAP
Apr - Dec, 2023 56,955 12,918 9,008 221.4 77.7 Jan 26, 2024 J-GAAP
Apr - Dec, 2024 58,272 13,616 9,985 249.9 76.9 Jan 31, 2025 J-GAAP
YoY +2.3% +5.4% +10.8% +12.9%

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 38,003 8,489 5,834 143.6 40 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance 36,737 7,243 5,475 138.3 45 Nov 8, 2024 J-GAAP
YoY -3.3% -14.7% -6.2% -3.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 88,081 15,428 10,207 248.2 50 May 12, 2023 J-GAAP
Mar, 2024 76,107 16,624 11,263 277.3 75 May 10, 2024 J-GAAP
Mar, 2025 Guidance 75,900 17,700 12,700 320.8 90 Nov 8, 2024 J-GAAP
YoY -0.3% +6.5% +12.8% +15.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 18,851 4,783 3,579 88.0 0.0 Jan 26, 2024 J-GAAP
Jan - Mar, 2024 19,152 3,706 2,255 55.5 0.0 May 10, 2024 J-GAAP
Apr - Jun, 2024 19,770 5,970 4,273 106.7 0.0 Jul 26, 2024 J-GAAP
Jul - Sep, 2024 19,393 4,487 2,952 73.8 0.0 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 19,109 3,159 2,760 69.1 0.0 Jan 31, 2025 J-GAAP
YoY +1.4% -34.0% -22.9% -21.5%

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