TAIKO BANK, Oct-Dec (3Q) Ordinary Profit Decreases by 50%

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Fri Jan 31, 2025 4:00 pm JST Earnings

8537 THE TAIKO BANK,LTD. 【J-GAAP】

Earnings Report

THE TAIKO BANK,LTD. <8537> [TSE Std] announced its financial results after the market closed on January 31st (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) was 3.22 billion yen, a 2.3% increase compared to the same period last year. The progress rate toward the full-year plan of 3.28 billion yen was 98.2%, also surpassing the five-year average of 95.8%.

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 significant drop 56.2% from the same period last year to 0.06 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit significantly dropped to 0.54 billion yen, a 50.4% 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	17,045	ー	2,308	1,308	138.4	103.1	Jan 31, 2023	J-GAAP
Apr - Dec, 2023	15,943	ー	3,148	1,793	188.8	95.8	Jan 30, 2024	J-GAAP
Apr - Dec, 2024	16,488	ー	3,220	2,155	226.2	98.2	Jan 31, 2025	J-GAAP
YoY	+3.4%	－	+2.3%	+20.2%	+19.8%

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	10,967	ー	1,229	519	54.6	25	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	9,133	ー	602	364	38.2	30	Nov 8, 2024	J-GAAP
YoY	-16.7%	－	-51.0%	-29.9%	-30.1%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	21,844	ー	2,238	1,280	135.5	50	May 12, 2023	J-GAAP
Mar, 2024	21,968	ー	3,285	1,716	180.6	50	May 10, 2024	J-GAAP
Mar, 2025 Guidance	20,190	ー	3,280	2,170	227.7	60	May 10, 2024	J-GAAP
YoY	-8.1%	－	-0.2%	+26.5%	+26.1%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	4,942	ー	1,092	596	62.8	0.0	Jan 30, 2024	J-GAAP
Jan - Mar, 2024	6,025	ー	137	-77	-8.1	0.0	May 10, 2024	J-GAAP
Apr - Jun, 2024	5,472	ー	1,288	883	92.7	0.0	Jul 30, 2024	J-GAAP
Jul - Sep, 2024	5,585	ー	1,390	923	96.9	0.0	Nov 8, 2024	J-GAAP
Oct - Dec, 2024	5,431	ー	542	349	36.6	0.0	Jan 31, 2025	J-GAAP
YoY	+9.9%	－	-50.4%	-41.4%	-41.6%