The Hyakugo Bank, Ltd. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and Full Year Ending March 31, 2023
August 02, 2022 at 02:50 am EDT
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The Hyakugo Bank, Ltd. provided consolidated earnings guidance for the six months ending September 30, 2022 and full year ending March 31, 2023. For the six months, the company forecast Ordinary profit of JPY 9,900 million, Profit attributable to owners of parent of JPY 6,800 million, Basic earnings per share JPY 26.81 per share.
For the full year, the company forecast Ordinary profit of JPY 19,500 million, Profit attributable to owners of parent of JPY 13,500 million, Basic earnings per share JPY 53.23 per share.
The Hyakugo Bank, Ltd. is a Japan-based company mainly provides financial services such as leasing business mainly banking. The Company mainly operates through two business segments. The Banking segment provides deposit services, loan services, domestics exchange services and foreign exchange services. This segment is involved in the investment trust and insurance counter sales, financial product intermediation, merger and acquisition (M&A) and syndicated loans. This segment is also engaged in the examination and adjustment of cash, the storage and management of documents and accounting books, the survey and evaluation of real estate, the placement agency and personnel management business. The Leasing segment is engaged in the leasing business. The Company is also engaged in the trading of financial products, the credit card and credit guarantee business, the provision of regional industry survey- and consulting-related services, as well as the processing of information business.
THE HYAKUGO BANK, LTD. 
