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THE HOWA BANK,LTD., First Half Ordinary Profit Revised Upward by 92%

Fri Nov 1, 2024 3:30 pm JST Revision

8559 THE HOWA BANK,LTD. 【J-GAAP】

Guidance Update Report

THE HOWA BANK,LTD. <8559> [FukuokaSE] announced a performance revision after the market closed on November 1st (15:30). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending March 2025 (April to September) has been revised upward by 92.3%, from the previous forecast of 520 million yen to 1 billion yen (compared to 467 million yen in the same period of the previous year), increasing the growth rate from 11.3% to 2.1 times.

Furthermore, the full-year ordinary profit forecast remains unchanged from the estimate of 890 million yen(compared to 682 million yen in the previous period).

Kabutan News

Guidance Update

First Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 Prev 520 420 71.3 0 May 14, 2024 J-GAAP
Apr - Sep, 2024 New 1,000 880 149.3 0 Nov 1, 2024 J-GAAP
Revision Rate +92.3% +109.5% +109.5%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 5,387 467 321 54.6 0 Nov 9, 2023 J-GAAP
Apr - Sep, 2024 Guidance 1,000 880 149.3 0 Nov 1, 2024 J-GAAP
YoY +114.1% +174.1% +173.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 9,886 1,456 1,302 159.6 10 May 11, 2023 J-GAAP
Mar, 2024 10,465 682 877 83.9 10 May 14, 2024 J-GAAP
Mar, 2025 Guidance 890 660 65.7 10 May 14, 2024 J-GAAP
YoY +30.5% -24.7% -21.7%

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