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Revision of earnings forecasts7350Okinawa Financial Group,Inc.Banks

Notice Regarding Revisions to Consolidated Earnings Forecast

The consolidated full-year earnings forecast for the fiscal year ending March 2022 was revised upward. Ordinary income is expected to increase by 1.6%, ordinary profit by 25.3%, and net income attributable to owners of the parent by 42.8%.

Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
42.8
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal Year Ended March 2022 · Full yearPrevious forecast published 2022年2月10日
Net Sales49,600→50,400million (ordinary income)
+1.6%
Ordinary income6,300→7,900Millions of yen
+25.4%
Profit attributable to owners of the parent3,500→5,000Millions of yen
+42.9%
Net income per share147.89→210.98yen and sen
+42.7%

The bar length represents the relative magnitude of change, based on the item that changed the most in this document. The percentage change shown by the dotted line is calculated from the two reported figures because the company did not provide the rate.

Reason for the revision

主に子会社である沖縄銀行において、資金利益が前回予想を上回る見込みであることや、与信費用及び経費が前回予想を下回る見込みであることなどから、業績予想を上方修正するものです。

Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Net Sales¥49,600 million (ordinary income) → ¥50,400 million (ordinary income)(1.6%)
Ordinary income6,300 Millions of yen → 7,900 Millions of yen(25.3%)
Profit attributable to owners of the parent3,500 Millions of yen → 5,000 Millions of yen(42.8%)
Net income per share147.89 yen and sen → 210.98 yen and sen(42.6%)
Fiscal Period CoveredFiscal Year Ended March 2022
Period CoveredFull year
Publication date of previous forecast2022年2月10日
Reason for the revision主に子会社である沖縄銀行において、資金利益が前回予想を上回る見込みであることや、与信費用及び経費が前回予想を下回る見込みであることなどから、業績予想を上方修正するものです。
Consolidated / non-consolidatedConsolidated
Items this document does not state (4)
Operating profitPrevious-period resultsDetails and amount of extraordinary lossDividend forecast revision

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

主に子会社である沖縄銀行で、資金利益が前回予想を上回る見込みであり、与信費用と経費が前回予想を下回る見込みであるため。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Consolidated Earnings Forecast | Okinawa Financial Group,Inc. (7350) timely disclosure | Komori