Shimane Bank revises earnings downward due to losses from sale of securities

The story

Shimane Bank is reported to have lowered its consolidated and non-consolidated full-year earnings forecasts for the fiscal year ending March 2027.

The sale of securities carrying unrealized losses was cited as the reason for the revision. Related measures have reportedly been taken to clarify management's responsibility.

At a glance

Fiscal yearDownward revision to consolidated and non-consolidated earnings forecasts for the fiscal year ending March 2027

ReasonThe revision was driven by the sale of securities carrying unrealized losses

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