Suruga Ginko KK

8358

Equity

ISIN JP3411000007 / Valor 763415

Tokyo Stock Exchange (2024-12-27)

JPY 1,146.00+0.44%

Suruga Ginko KK
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About company

Suruga Ginko KK is a Japanese regional bank that provides various financial services, including deposits, loans, and investment products.

Summarized from source with an LLMView SourceSector: Finance

Ordinary Income

For the six months ended September 30, 2024, Suruga Ginko KK reported a consolidated ordinary income of ¥42,583 million, marking a 3.2% decrease compared to the same period in the previous fiscal year. This decline was primarily attributed to a reduction in interest on loans and discounts.

Profit Attributable to Owners

Suruga Ginko KK's profit attributable to owners of the parent for the six months ended September 30, 2024, was ¥12,962 million, reflecting a slight increase of 0.8% from the previous year. This improvement was supported by a decrease in general and administrative expenses.

Comprehensive Income

The comprehensive income for Suruga Ginko KK during the six months ended September 30, 2024, was ¥11,077 million, which represents a 2.4% increase from the previous year. This growth indicates a positive trend in the company's overall financial health.

Dividend Announcement

Suruga Ginko KK announced a dividend payment of ¥14.50 per share for the fiscal year ending March 31, 2025, with the payment date set for December 10, 2024. This represents an increase from the previous fiscal year's dividend of ¥14.00 per share.

Revised Earnings Forecast

Suruga Ginko KK revised its earnings forecast for the fiscal year ending March 31, 2025. The company now anticipates an ordinary profit of ¥22,000 million, reflecting a 6.5% increase from the previous fiscal year, and a profit attributable to owners of the parent of ¥17,500 million.

Summarized from source with an LLMView Source

Key figures

48.6%1Y

132%3Y

122%5Y

Performance

25.3%1Y

35.8%3Y

33.6%5Y

Volatility