The Hyakugo Bank, Ltd. Provides Consolidated and Non-Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2023
November 09, 2022 at 01:40 am EST
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The Hyakugo Bank, Ltd. provided consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2023. For the year, on consolidated basis, the company expects profit attributable to owners of parent of JPY 13,500 million and basic earnings per share of JPY 53.23.
For the year, on non-consolidated basis, the company expects profit of JPY 13,000 million and basic earnings per share of JPY 51.26.
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. 
