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Revision of earnings forecasts8392THE OITA BANK,LTD.Banks

Notice Regarding Revisions to Earnings Forecasts

The cumulative earnings forecasts for the second quarter of the fiscal year ending March 2024 were revised upward on both a consolidated and non-consolidated basis. On a consolidated basis, ordinary revenue was raised by 10.6%, ordinary profit by 8.6% and interim net profit attributable to owners of the parent by 4.0%.

Worth reading
49Recurring
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
10.6
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ended March 2024 · Cumulative second quarterPrevious forecast published 2023年5月12日
Net SalesConsolidated32,000→35,400百万円(科目:経常収益)
+10.6%
Net SalesIndividual26,400→29,900百万円(科目:経常収益)
+13.3%
Ordinary incomeConsolidated3,500→3,800millions
+8.6%
Ordinary incomeIndividual3,000→3,200millions
+6.7%
Profit attributable to owners of the parentConsolidated2,500→2,600million yen (interim net income)
+4.0%
Profit attributable to owners of the parentIndividual2,100→2,200million yen (interim net income)
+4.8%
Net income per shareConsolidated158.42→164.72yen and sen (interim earnings per share)
+4.0%
Net income per shareIndividual133.07→139.38yen and sen (interim earnings per share)
+4.7%

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

銀行単体において、株式等売却益及び有価証券利息配当金が当初予想を上回る見込みとなったことに加え、与信費用が当初予想を下回る見込みとなったため。

Previous-period results連結:経常収益38,017百万円、経常利益4,464百万円、親会社株主に帰属する中間純利益2,845百万円、1株当たり中間純利益180.35円銭/個別:経常収益32,825百万円、経常利益3,971百万円、中間純利益3,108百万円、1株当たり中間純利益197.03円銭
Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Net SalesConsolidated 32,000 / Individual 26,400 → Consolidated 35,400 / Individual 29,900(Consolidated 10.6 / Individual 13.3)
Ordinary incomeConsolidated 3,500 / Individual 3,000 → Consolidated 3,800 / Individual 3,200(Consolidated 8.6 / Individual 6.7)
Profit attributable to owners of the parentConsolidated 2,500 / Individual 2,100 → Consolidated 2,600 / Individual 2,200(Consolidated 4 / Individual 4.8)
Net income per shareConsolidated 158.42 / Individual 133.07 → Consolidated 164.72 / Individual 139.38
Fiscal Period CoveredFiscal year ended March 2024
Period CoveredCumulative second quarter
Publication date of previous forecast2023年5月12日
Previous-period results連結:経常収益38,017百万円、経常利益4,464百万円、親会社株主に帰属する中間純利益2,845百万円、1株当たり中間純利益180.35円銭/個別:経常収益32,825百万円、経常利益3,971百万円、中間純利益3,108百万円、1株当たり中間純利益197.03円銭
Reason for the revision銀行単体において、株式等売却益及び有価証券利息配当金が当初予想を上回る見込みとなったことに加え、与信費用が当初予想を下回る見込みとなったため。
Consolidated / non-consolidatedConsolidated/non-consolidated
Items this document does not state (3)
Operating profitDetails 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.

銀行単体で、株式等売却益と有価証券利息配当金が当初予想を上回る見込みとなり、与信費用が当初予想を下回る見込みとなったため。

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 Earnings Forecasts | THE OITA BANK,LTD. (8392) timely disclosure | Komori