The Gunma Bank, Ltd. announced consolidated and non-consolidated earnings results for the year ended March 31, 2019. For the year, on consolidated basis, the company's ordinary revenues were ¥148,730 million against ¥150,386 million a year ago. Ordinary profit was ¥35,785 million against ¥42,409 million a year ago. Profit attributable to owners of parent was ¥23,321 million against ¥28,366 million a year ago. Basic earnings per share was ¥54.12 against ¥65.27 a year ago. Diluted earnings per share was ¥54.00 against ¥65.14 a year ago.

On non-consolidated basis, the company's ordinary revenues were ¥118,998 million against ¥122,161 million a year ago. Ordinary profit was ¥31,982 million against ¥38,502 million a year ago. Profit was ¥20,972 million against ¥26,056 million a year ago. Basic earnings per share was ¥59.96 against ¥65.27 a year ago. Diluted earnings per share was ¥48.56 against ¥59.84 a year ago.

The company provided earnings guidance for the six months ending September 2019 and year ending March 31, 2020. For the six months, the company expects ordinary profit of ¥15,500 million and profit attributable to owners of parent of ¥11,000 million or basic earnings per share of ¥25.77.

For the year, the company expects ordinary profit of ¥31,000 million and profit attributable to owners of parent of ¥21,000 million or basic earnings per share of ¥49.20.