Hokuhoku Financial : Revision of earnings forecast for the fiscal year ended March 31, 2021
April 23, 2021 at 07:06 am
Share
1-2-26Tsutsumicho-dori,Toyama-city, Toyama Pref., 930-8637, Japan
Tel：+81-76-423-7331
Company Name: Hokuhoku Financial Group, Inc.
Name of Representative：Eishin Ihori
President
Code:8377 (Tokyo Stock Exchange (First Section), Sapporo Securities Exchange)
Revision of earnings forecast for the fiscal year ended March 31, 2021
Tokyo April 23, 2021－Hokuhoku Financial Group, Inc. ("Hokuhoku FG") announces the revision of consolidated earnings forecast for the fiscal year ended March 31, 2021, which was released on May 12, 2020.
1.
Revision of earnings forecast (From April 1, 2020 to March 31, 2021)
（In millions of JPY)
Ordinary profits
Net income
Net income per share of
attributable to owners of
common stock (JPY)
the parent
Previous forecast (A)
26,000
16,500
115.35
Revised forecast (B)
32,100
21,300
152.24
Change (B-A)
6,100
4,800
Change (%)
23.5%
29.1%
(reference) Business results
31,685
20,252
142.74
of previous fiscal year
2. Reason of revision
Hokuhoku FG revised its consolidated earnings forecast for the fiscal year ended March 31, 2021. It is due to increase in ordinary profits and net income of subsidiary banks, which is mainly caused by increase in Net Gains on Securities.
This forecast is made based upon the information available at the date of press release and actual results may differ materially from such estimated figures as a result of various factors.
－End－
Attachments
Original document
Permalink
Disclaimer
Hokuhoku Financial Group Inc. published this content on 23 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 April 2021 06:05:06 UTC.
Hokuhoku Financial Group Inc is a Japan-based company mainly engaged in the provision of comprehensive financial services centered on the banking business. The Company operates in two business segments including Hokuriku Bank and Hokkaido Bank. The Company provides regional financial group with offices in the three major metropolitan areas of Hokkaido, Hokuriku, and Tokyo, Nagoya, Osaka. The Company primarily offers comprehensive financial service functions that respond to a wide range of needs such as securities business, leasing, credit card, venture capital, software development, servicer business. The Hokuriku Bank segment and Hokkaido Bank segment offer banking business. The Company also provides securities business, leasing business and credit card business.
HOKUHOKU FINANCIAL GROUP, INC. 
