November 5, 2024
Company Name: Hokuhoku Financial Group, Inc.
Representative: Representative Director, President Hiroshi Nakazawa
Head office address: 1-2-26 Tsutsumicho-dori, Toyama-city, Toyama
(Code number: 8377; Tokyo Stock Exchange Prime Market, Sapporo Securities Exchange) Inquiries: Hironari Hirai, General Manager, Corporate Planning Division (Telephone: +81-76-423-7331)
Notice Concerning Revision to Financial Forecast
Considering recent business performance trends, we have revised our earnings forecast for the second quarter (cumulative) of the fiscal year ending March 2025, which were announced on May 10, 2024, as follows.
1. Revision to earnings forecast
- Revision to consolidated financial forecast for the second quarter (cumulative) of the fiscal year ending March 2025 (April 1, 2024 to September 30, 2024)
(Unit: million-yen, yen)
Ordinary | Interim net income | Interim net | |||
attributable to | income per share | ||||
profits | |||||
owners of the parent | of common stocks | ||||
Previous forecast | (A) | 20,000 | 13,500 | 106.60 | |
Revised forecast | (B) | 25,500 | 18,500 | 146.61 | |
Amount of increase/decrease | (B－A) | 5,500 | 5,000 | ||
Rate of increase/decrease | 27.5% | 37.0% | |||
(Reference) | |||||
Actual result for the previous second quarter | 14,110 | 16,092 | 124.01 | ||
(Second quarter of the fiscal year ended March | |||||
2024) | |||||
(2) Reason for the revision
At our subsidiary banks, we are expecting net interest income to exceed our forecast due to increases in lending interest and securities interest and therefore we have revised our consolidated earnings forecast for the second quarter (cumulative) of the fiscal year ending March 2025 upward.
We are currently reviewing the consolidated financial forecast for the fiscal year ending March 2025 (full year), and if any revisions become necessary, we will make an announcement promptly.