Consolidated Financial Results

for the Fiscal Year Ended March 31, 2022

[Japanese GAAP]

May 13, 2022

Company name: THE SHIGA BANK, LTD.

Stock exchange listing: Tokyo Stock Exchange

Code number: 8366

URL: https://www.shigagin.com

Representative: Shojiro Takahashi, President & CEO

Contact: Akihisa Hida, Managing Executive Officer and General Manager of General Planning Dept.

Phone: +81-77-521-2200

Scheduled date of ordinary general shareholders' meeting: June 24, 2022

Scheduled date of commencing dividend payments: June 27, 2022

Scheduled date of filing securities report: June 9, 2022

Establishment of specified transaction account: None

Availability of supplementary explanatory materials on financial results: Yes

Schedule of financial results briefing session: Scheduled (for institutional investors and analysts)

(Amounts of less than one million yen are rounded down.)

1. Consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (April 1, 2021 - March 31, 2022)

(1) Consolidated Operating Results

(% indicates changes from the previous corresponding period.)

Ordinary income

Ordinary profit

Net income attributable to

owners of the parent

Fiscal year ended

Million yen

%

Million yen

%

Million yen

%

98,306

14.7

23,999

116.8

17,715

54.7

March 31, 2022

Fiscal year ended

85,715

(3.6)

11,070

(20.2)

11,448

(7.8)

March 31, 2021

(Note) Comprehensive income: Fiscal year ended March 31, 2022: ¥(26,692) million [-%]

Fiscal year ended March 31, 2021: ¥122,660 million [-%]

Diluted net

Ratio of

Ratio of

Net income per

Return on

ordinary profit

income per

ordinary profit

share

equity

to ordinary

share

to total assets

income

Fiscal year ended

Yen

Yen

%

%

%

359.51

359.21

3.7

0.3

24.4

March 31, 2022

Fiscal year ended

228.13

220.43

2.6

0.1

12.9

March 31, 2021

(Reference) Equity in earnings of affiliated companies: Fiscal year ended March 31, 2022: ¥- million

Fiscal year ended March 31, 2021: ¥- million

(2) Consolidated Financial Position

Total assets

Total equity

Capital ratio

Equity per share

Million yen

Million yen

%

Yen

As of March 31, 2022

7,537,956

464,214

6.2

9,552.14

As of March 31, 2021

7,793,748

495,469

6.4

9,958.47

(Reference) Capital: As of March 31, 2022: ¥464,111 million As of March 31, 2021: ¥495,384 million

(Note) "Capital ratio" is calculated by dividing (total equity at the end of the period − stock acquisition rights at the end of the period) by total assets at the end of the period.

"Capital ratio" herein is not the capital ratio specified by the regulatory notices pertaining to capital adequacy ratio.

(3) Consolidated Cash Flows

Cash and cash

Operating activities

Investing activities

Financing activities

equivalents,

end of year

Fiscal year ended

Million yen

Million yen

Million yen

Million yen

(278,958)

21,823

(4,483)

1,750,676

March 31, 2022

Fiscal year ended

1,240,417

(127,874)

(34,337)

2,012,295

March 31, 2021

2. Dividends

Annual dividends per share

Total

Ratio of

Payout ratio

dividends to

1st

2nd

3rd

Year-

dividends

quarter-

quarter-

quarter-

Total

(consolidated)

total equity

end

(annual)

end

end

end

(consolidated)

Yen

Yen

Yen

Yen

Yen

Million yen

%

%

Fiscal year ended

-

17.50

-

22.50

40.00

1,998

17.5

0.4

March 31, 2021

Fiscal year ended

-

17.50

-

62.50

80.00

3,898

22.3

0.8

March 31, 2022

Fiscal year ending

March 31, 2023

-

40.00

-

40.00

80.00

26.3

(Forecast)

(Notes)

  1. Breakdown of the 2nd quarter-end dividend for the fiscal year ended March 31, 2021: Ordinary dividend of ¥17.50
    Breakdown of the year-end dividend for the fiscal year ended March 31, 2021: Ordinary dividend of ¥17.50, special dividend of ¥5.00
  2. Breakdown of the 2nd quarter-end dividend for the fiscal year ended March 31, 2022: Ordinary dividend of ¥17.50
    Breakdown of the year-end dividend for the fiscal year ended March 31, 2022: Ordinary dividend of ¥17.50, special dividend of ¥45.00
  3. Breakdown of the 2nd quarter-end dividend for the fiscal year ending March 31, 2023 (forecast): Ordinary dividend of ¥40.00
    Breakdown of the year-end dividend for the fiscal year ending March 31, 2023 (forecast): Ordinary dividend of ¥40.00

3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023 (April 1, 2022 - March 31, 2023)

(% indicates changes from the previous corresponding period.)

Ordinary profit

Net income attributable to

Net income per share

owners of the parent

Million yen

%

Million yen

%

Yen

Six months

14,000

(16.2)

10,200

(14.4)

209.93

Full year

21,000

(12.5)

14,800

(16.5)

304.61

* Notes:

  1. Changes in significant subsidiaries during the period under review (Changes in specified subsidiaries resulting in changes in scope of consolidation): None
  2. Changes in accounting policies, changes in accounting estimates and retrospective restatement
    1. Changes in accounting policies due to the revision of accounting standards: Yes
    2. Changes in accounting policies other than 1) above: None
    3. Changes in accounting estimates: None
    4. Retrospective restatement: None

(Note) For details, please refer to page 13 of the attachment, "3. Consolidated Financial Statements and Primary Notes, (5) Notes to Consolidated Financial Statements, (Changes in accounting policies)."

(3) Total number of issued and outstanding shares (common shares)

1)

Total number of issued and outstanding shares at the end of the period (including treasury shares):

As of March 31, 2022:

53,090,081 shares

As of March 31, 2021:

53,090,081 shares

2)

Total number of treasury shares at the end of the period:

As of March 31, 2022:

4,502,938 shares

As of March 31, 2021:

3,345,006 shares

3) Average number of shares during the period:

Fiscal year ended March 31, 2022:

49,278,241 shares

Fiscal year ended March 31, 2021:

50,183,020 shares

(Reference) Summary of Non-consolidated Financial Results

1. Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2022 (April 1, 2021 - March 31, 2022)

(1) Non-consolidated Operating Results

(% indicates changes from the previous corresponding period.)

Ordinary income

Ordinary profit

Net income

Fiscal year ended

Million yen

%

Million yen

%

Million yen

%

86,664

19.4

22,942

121.1

17,361

53.2

March 31, 2022

Fiscal year ended

72,610

(0.9)

10,375

(17.3)

11,331

(4.5)

March 31, 2021

Net income per share

Diluted net income per share

Fiscal year ended

Yen

Yen

352.32

352.03

March 31, 2022

Fiscal year ended

225.80

218.18

March 31, 2021

(2) Non-consolidated Financial Position

Total assets

Total equity

Capital ratio

Equity per share

Million yen

Million yen

%

Yen

As of March 31, 2022

7,517,734

445,455

5.9

9,166.05

As of March 31, 2021

7,769,496

474,287

6.1

9,532.67

(Reference) Capital:As of March 31, 2022: ¥445,352 million As of March 31, 2021: ¥474,203 million

(Note) "Capital ratio" is calculated by dividing (total equity at the end of the period − stock acquisition rights at the end of the period) by total assets at the end of the period.

"Capital ratio" herein is not the capital ratio specified by the regulatory notices pertaining to capital adequacy ratio.

2. Non-consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2023 (April 1, 2022 - March 31, 2023)

(% indicates changes from the previous corresponding period.)

Ordinary profit

Net income

Net income per share

Million yen

%

Million yen

%

Yen

Six months

13,500

(16.8)

10,000

(15.0)

205.82

Full year

20,000

(12.8)

14,500

(16.5)

298.43

  • These financial results are outside the scope of audit by certified public accountants or an audit firm.
  • Explanation of the proper use of financial results forecast and other notes

･Forward-looking statements, such as financial results forecasts, made in this document are based on information currently available to the Bank and certain assumptions deemed reasonable. Actual results, etc. may differ significantly due to various factors.

Table of Contents - Attachments

1. Overview of Operating Results, etc. ............................................................................................................... 2

(1)

Overview of Operating Results for the Fiscal Year under Review

............................................................. 2

(2)

Overview of Financial Position for the Fiscal Year under Review

............................................................ 3

(3)

Overview of Cash Flows for the Fiscal Year under Review .......................................................................

3

(4)

Future Outlook ...........................................................................................................................................

4

2. Basic Policy on Selection of Accounting Standards .......................................................................................

4

3. Consolidated Financial Statements and Primary Notes ..................................................................................

5

(1)

Consolidated Balance Sheet .......................................................................................................................

5

(2)

Consolidated Statements of Income and Comprehensive Income

............................................................. 7

(3)

Consolidated Statements of Changes in Equity .........................................................................................

9

(4)

Consolidated Statements of Cash Flows ..................................................................................................

11

(5)

Notes to Consolidated Financial Statements ............................................................................................

13

(Notes on going concern assumption) .................................................................................................

13

(Changes in accounting policies) .........................................................................................................

13

(Change in presentation) .....................................................................................................................

13

(Additional information) .....................................................................................................................

14

(Segment information, etc.) .................................................................................................................

14

(Per share information) ........................................................................................................................

15

(Significant subsequent events) ...........................................................................................................

16

4. Financial Statements .....................................................................................................................................

17

(1)

Balance Sheet ...........................................................................................................................................

17

(2)

Statements of Income ...............................................................................................................................

20

(3)

Statements of Changes in Equity ..............................................................................................................

22

1

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

The Shiga Bank Ltd. published this content on 30 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2022 00:11:08 UTC.