kabutan

THE TOTTORI BANK,LTD., First Half Ordinary Profit Decreases by 9%, July-September Ordinary Profit Decreases by 58%

Fri Nov 8, 2024 3:30 pm JST Earnings

8383 THE TOTTORI BANK,LTD. 【J-GAAP】

Earnings Report

THE TOTTORI BANK,LTD. <8383> [TSE-S] announced its financial results after the market closed on November 8th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2025 (April to September) decreased by 9.4% from the same period last year to 1.04 billion yen. The progress rate against the 1.5 billion yen full-year plan was 69.5%, below the five-year average of 91.1%.

Based on the first-half performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to decrease by 1.1% from the same period last year to 458 million yen.

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit significantly dropped to 205 million yen, a 57.8% decrease compared to the same period last year.

Kabutan News

Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2022 7,030 ー 958 582 62.2 56.0 Nov 11, 2022 J-GAAP
Apr - Sep, 2023 7,264 ー 1,150 750 80.2 71.3 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 8,639 ー 1,042 713 76.2 69.5 Nov 8, 2024 J-GAAP
YoY +18.9% － -9.4% -4.9% -5.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Guidance ー ー 1,000 700 74.8 25 May 13, 2024 J-GAAP
Apr - Sep, 2024 Results 8,639 ー 1,042 713 76.2 25 Nov 8, 2024 J-GAAP
Revision Rate － － +4.2% +1.9% +1.9%

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 7,382 ー 463 306 32.7 25 May 13, 2024 J-GAAP
Oct - Mar, 2024 Guidance ー ー 458 337 36.0 25 Nov 8, 2024 J-GAAP
YoY － － -1.1% +10.1% +10.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 13,912 ー 1,711 1,044 111.6 50 May 12, 2023 J-GAAP
Mar, 2024 14,646 ー 1,613 1,056 112.8 50 May 13, 2024 J-GAAP
Mar, 2025 Guidance ー ー 1,500 1,050 112.2 50 May 13, 2024 J-GAAP
YoY － － -7.0% -0.6% -0.6%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2023 3,692 ー 486 305 32.6 0.0 Nov 10, 2023 J-GAAP
Oct - Dec, 2023 3,489 ー 307 202 21.6 0.0 Jan 26, 2024 J-GAAP
Jan - Mar, 2024 3,893 ー 156 104 11.1 0.0 May 13, 2024 J-GAAP
Apr - Jun, 2024 3,938 ー 837 569 60.9 0.0 Aug 1, 2024 J-GAAP
Jul - Sep, 2024 4,701 ー 205 144 15.4 0.0 Nov 8, 2024 J-GAAP
YoY +27.3% － -57.8% -52.8% -52.8%

Related Articles