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SHIGA BANK, Apr-Dec (Cumulative 3Q) Ordinary Profit Decreases by 40%, Oct-Dec Ordinary Profit Decreases by 51%

Fri Jan 31, 2025 3:00 pm JST Earnings

8366 THE SHIGA BANK,LTD. 【J-GAAP】

Earnings Report

THE SHIGA BANK,LTD. <8366> [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) dropped 40.3% from the same period last year to 15.4 billion yen. The progress rate toward the full-year plan of 23 billion yen was 67.1%, also falling below the five-year average of 103.4%.

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/loss for the January to March period (4Q) is expected to turn into a profit of 7.57 billion yen (compared to a loss of 1.87 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 3.79 billion yen, a 51.1% 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 88,354 ー 20,312 14,907 310.8 101.4 Jan 27, 2023 J-GAAP
Apr - Dec, 2023 91,024 ー 25,839 17,807 375.0 107.8 Jan 26, 2024 J-GAAP
Apr - Dec, 2024 92,099 ー 15,423 15,896 338.7 67.1 Jan 31, 2025 J-GAAP
YoY +1.2% － -40.3% -10.7% -9.7%

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 63,837 ー 5,893 3,422 72.2 40 May 10, 2024 J-GAAP
Oct - Mar, 2024 Guidance ー ー 11,375 7,252 157.4 45 Nov 11, 2024 J-GAAP
YoY － － +93.0% +111.9% +118.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 115,289 ー 20,041 14,858 310.6 80 May 12, 2023 J-GAAP
Mar, 2024 122,630 ー 23,967 15,940 336.3 90 May 10, 2024 J-GAAP
Mar, 2025 Guidance ー ー 23,000 16,000 347.2 90 May 10, 2024 J-GAAP
YoY － － -4.0% +0.4% +3.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 32,231 ー 7,765 5,289 111.4 0.0 Jan 26, 2024 J-GAAP
Jan - Mar, 2024 31,606 ー -1,872 -1,867 -39.4 0.0 May 10, 2024 J-GAAP
Apr - Jun, 2024 31,023 ー 8,194 5,706 121.6 0.0 Jul 26, 2024 J-GAAP
Jul - Sep, 2024 29,470 ー 3,431 3,042 64.8 0.0 Nov 11, 2024 J-GAAP
Oct - Dec, 2024 31,606 ー 3,798 7,148 152.3 0.0 Jan 31, 2025 J-GAAP
YoY -1.9% － -51.1% +35.1% +36.7%

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