SHIMIZU BANK, Oct-Dec (3Q) Ordinary Profit Decreases by 12%

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Mon Feb 3, 2025 3:30 pm JST Earnings

8364 THE SHIMIZU BANK,LTD. 【J-GAAP】

Earnings Report

THE SHIMIZU BANK,LTD. <8364> [TSE Prime] announced its financial results after the market closed on February 3rd (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) surged 2.2 times that of the same period last year, reaching 2.25 billion yen. The progress rate toward the full-year plan of 2.2 billion yen is 102.5%, but it was lower than the five-year average of 122.1%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary loss for the January to March period (4Q) is expected to further decrease loss of 0.05 billion yen (compared to a loss of 5.17 billion yen in the same period last year).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 0.79 billion yen, a 12.4% 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	21,569	ー	2,625	2,071	178.9	164.5	Jan 27, 2023	J-GAAP
Apr - Dec, 2023	23,181	ー	1,041	880	76.4	ー	Jan 29, 2024	J-GAAP
Apr - Dec, 2024	21,413	ー	2,256	1,801	157.3	102.5	Feb 3, 2025	J-GAAP
YoY	-7.6%	－	+116.7%	+104.7%	+106.0%

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	14,180	ー	-4,266	-3,479	-301.6	25	May 10, 2024	J-GAAP
Oct - Mar, 2024 Guidance	13,093	ー	738	560	49.9	30	Nov 8, 2024	J-GAAP
YoY	-7.7%	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	28,403	ー	1,596	1,474	127.6	60	May 12, 2023	J-GAAP
Mar, 2024	29,904	ー	-4,131	-3,301	-286.1	55	May 10, 2024	J-GAAP
Mar, 2025 Guidance	27,700	ー	2,200	1,800	160.3	60	May 10, 2024	J-GAAP
YoY	-7.4%	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	7,457	ー	906	702	60.9	0.0	Jan 29, 2024	J-GAAP
Jan - Mar, 2024	6,723	ー	-5,172	-4,181	-362.4	0.0	May 10, 2024	J-GAAP
Apr - Jun, 2024	7,841	ー	1,241	914	79.2	0.0	Aug 5, 2024	J-GAAP
Jul - Sep, 2024	6,766	ー	221	326	28.3	0.0	Nov 8, 2024	J-GAAP
Oct - Dec, 2024	6,806	ー	794	561	49.0	0.0	Feb 3, 2025	J-GAAP
YoY	-8.7%	－	-12.4%	-20.1%	-19.5%