The Yamagata Bank, Ltd. Announces Audited Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2018
September 27, 2018 at 08:26 am
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The Yamagata Bank, Ltd. announced audited consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the year, on consolidated basis, the company reported interest income of JPY 25,186 million compared with JPY 25,457 million a year ago. Ordinary income (net) was JPY 7,138 million compared with JPY 8,083 million a year ago. Income before income tax was JPY 6,992 million compared with JPY 8,034 million a year ago. Net income was JPY 4,988 million compared with JPY 5,673 million a year ago. Net income attributable to owners of parent was JPY 4,988 million compared with JPY 5,473 million a year ago. Net cash used in operating activities was JPY 52,166 million compared with net cash provided by operating activities of JPY 35,898 million a year ago. Expenditure for acquisition of tangible fixed assets was JPY 1,283 million compared with JPY 1,349 million a year ago. Expenditure for acquisition of intangible fixed assets was JPY 468 million compared with JPY 662 million a year ago. Diluted net income per stock attributable to owners of parent was JPY 136.52 compared with JPY 149.68 a year ago.
For the year, on non-consolidated basis, the company reported interest income of JPY 25,188 million compared with JPY 25,354 million a year ago. Ordinary income (net) was JPY 6,367 million compared with JPY 7,254 million a year ago. Income before income tax was JPY 6,221 million compared with JPY 7,205 million a year ago. Net income was JPY 4,274 million compared with JPY 5,136 million a year ago. Net income per share was JPY 131.15 compared with JPY 157.42 a year ago.
The Yamagata Bank, Ltd. is a Japan-based bank engaged in financial services related business such as banking business and leasing business. The Bank operates through two business segments. The Banking segment is engaged in deposit business, lending business, securities investment business and foreign exchange business. The Leasing segment is engaged in leasing business by subsidiary.