The Yamagata Bank, Ltd Announces Audited Consolidated and Non-Consolidated Earnings Results for the Year Ended March 31, 2017
September 28, 2017 at 07:37 am
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The Yamagata Bank, Ltd. announced audited consolidated and non-consolidated earnings results for the year ended March 31, 2017. For the year, on consolidated basis, the company reported interest income was JPY 25,457 million compared with JPY 26,208 million a year ago. Income before income tax was JPY 8,034 million compared with JPY 10,623 million a year ago. Net income was JPY 5,673 million compared with JPY 7,191 million a year ago. Net income attributable to owners of parent was JPY 5,473 million compared with JPY 6,714 million a year ago. Net cash provided by operating activities was JPY 35,898 million compared with net cash used in operating activities was 46,101 million a year ago. Expenditure for acquisition of intangible fixed assets was JPY 1,349 million compared with JPY 1,145 million a year ago. Diluted net income was JPY 29.94 compared with JPY 41.08 a year ago. Ordinary income was JPY 45,886 million compared with JPY 45,252 million a year ago.
For the year, on nonconsolidated basis, the company reported interest income was JPY 25,354 million compared with JPY 26,237 million a year ago. Income before income tax was JPY 7,205 million compared with JPY 9,809 million a year ago. Net income was JPY 5,136 million compared with JPY 6,685 million a year ago. Net income per share was JPY 31.48 compared with JPY 40.91 a year ago. Ordinary income was JPY 39,667 million compared with JPY 39,097 million a year ago.
Yamagata Bank Ltd is a Japan-based bank engaged in financial services related business such as banking business, leasing business and credit guarantee services. The Bank operates through three 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. The Credit Guarantee Services segment is engaged in the credit guarantee services business. The other businesses include data processing, credit cards, regional trading and venture capital services.