The Shiga Bank (8366) Q1 2025 earnings summary

Executive summary

• Ordinary income for Q1 2025 was ¥31,023 million, down 6.3% year-over-year.

• Ordinary profit decreased 39.2% year-over-year to ¥8,194 million.

• Profit attributable to owners of parent fell 41.1% year-over-year to ¥5,706 million.

• Comprehensive income dropped sharply to ¥5,841 million, an 81.7% decrease year-over-year.

Financial highlights

• Total assets as of June 30, 2024, were ¥7,768,869 million, down from ¥7,970,551 million at March 31, 2024.

• Net assets increased to ¥494,849 million from ¥490,887 million at the previous fiscal year-end.

• Capital adequacy ratio improved to 6.4% from 6.2% at March 31, 2024.

• Basic earnings per share for Q1 2025 was ¥121.59, down from ¥203.95 in Q1 2024.

Outlook and guidance

• Full-year forecast for FY2025: ordinary profit of ¥23,000 million (up 4.0% year-over-year), profit attributable to owners of parent of ¥16,000 million (up 0.4%), and basic EPS of ¥340.93.

• Interim dividend forecast is ¥45.00 per share, with a full-year forecast of ¥90.00 per share, all ordinary dividends.