Nagoya Bank announced a policy of raising its ordinary profit forecast for the current fiscal year and increasing its record-profit forecast, while also increasing the dividend per share by ¥30.
In the results for the cumulative second quarter, ordinary profit was ¥19,869 million and net profit was ¥13,498 million, while the revised dividend per share was ¥110.
The current fiscal year's earnings outlook is expected to exceed the previous forecast. Ordinary profit has been revised upward to ¥38,900 million and net profit to ¥27,200 million, with the revised dividend per share scheduled to be ¥230.
Compared with the previous forecast, the current fiscal year's forecast has been raised by approximately 15.4% for ordinary profit and approximately 18.3% for net profit, while progress against the first-half results and the previous forecast has also improved.