Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Consolidated Summary Report
for the Nine Months Ended December 31, 2024
[Japanese GAAP]
Company name: The Hyakujushi Bank, Ltd. | February 4, 2025 | ||||||||||||||||
Listing: Tokyo | |||||||||||||||||
Securities code: 8386 | |||||||||||||||||
URL: https://www.114bank.co.jp/ | |||||||||||||||||
Representative: Masashi Mori | Representative Director, President | ||||||||||||||||
Inquiries: Takayuki Muramatsu | Executive Officer and General Manager, Corporate Planning Division | ||||||||||||||||
Telephone: +81-87-836-2721 | |||||||||||||||||
Scheduled date to commence dividend payments: - | |||||||||||||||||
Trading accounts: None | |||||||||||||||||
Preparation of supplementary material on financial results: Yes | |||||||||||||||||
Holding of financial results briefing: None | |||||||||||||||||
(Yen amounts are rounded down to millions, unless otherwise noted.) | |||||||||||||||||
1. Consolidated Financial Results for the Nine Months Ended December 31, 2024 (April 1, 2024 to December 31, 2024) | |||||||||||||||||
(1) Consolidated Operating Results | (Percentages indicate year-on-year changes.) | ||||||||||||||||
Ordinary income | Ordinary profit | Profit attributable to owners of | |||||||||||||||
parent | |||||||||||||||||
Nine months ended | Millions of yen | % | Millions of yen | % | Millions of yen | % | |||||||||||
December 31, 2024 | 63,557 | 4.2 | 15,667 | 42.6 | 9,990 | 42.6 | |||||||||||
December 31, 2023 | 60,997 | (8.9) | 10,984 | (0.0) | 7,005 | 0.3 | |||||||||||
(Note) Comprehensive income: | Nine months ended December 31, 2024: | ¥ | 6,188 million | [ | (75.4) %] | ||||||||||||
Nine months ended December 31, 2023: | ¥ | 25,178 million | [ | -%] | |||||||||||||
Basic earnings | Diluted earnings per | ||||||||||||||||
per share | share | ||||||||||||||||
Nine months ended | Yen | Yen | |||||||||||||||
December 31, 2024 | 350.72 | 350.67 | |||||||||||||||
December 31, 2023 | 243.91 | 243.85 | |||||||||||||||
(2) Consolidated Financial Position | |||||||||||||||||
Total assets | Net assets | Capital adequacy ratio | |||||||||||||||
As of | Millions of yen | Millions of yen | % | ||||||||||||||
December 31, 2024 | 5,792,377 | 331,640 | 5.7 | ||||||||||||||
March 31, 2024 | 5,840,650 | 329,186 | 5.6 | ||||||||||||||
(Reference) Equity: As of | December 31, 2024: | ¥ | 331,631 million | ||||||||||||||
As of | March 31, 2024: | ¥ | 329,164 million |
2. Dividends
Annual dividends | |||||||||
1st | 2nd | 3rd | Year-end | Total | |||||
quarter-end | quarter-end | quarter-end | |||||||
Yen | Yen | Yen | Yen | Yen | |||||
Fiscal year ended March 31, 2024 | - | 35.00 | - | 55.00 | 90.00 | ||||
Fiscal year ending March 31, 2025 | - | 60.00 | - | ||||||
Fiscal year ending March 31, 2025 | 60.00 | 120.00 | |||||||
(Forecast) | |||||||||
(Note) Revision to the forecast for dividends | announced most | recently: | None | ||||||
(Note) Breakdown of the 3rd quarter dividend for the fiscal year ending March 31, 2025 : | |||||||||
Commemorative dividend | - | yen | |||||||
Special dividend | - | yen |
3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025(April 1, 2024 to March 31, 2025)
(Percentages indicate year-on-year changes.)
Ordinary income | Ordinary profit | Profit attributable to | Basic earnings per share | |||||||
owners of parent | ||||||||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | ||||
Full year | 84,500 | 2.9 | 17,600 | 20.9 | 11,500 | 19.3 | 404.63 | |||
(Note) Revision to the financial results forecast announced most recently: | None | |||||||||
* Notes: | ||||||||||
(1) Significant changes in the scope of consolidation during the period: | None | |||||||||
Newly included: | - | (Company name: | ) | |||||||
Excluded: | - | (Company name: | ) |
- Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: Yes
- Changes in accounting policies, changes in accounting estimates, and restatement
- Changes in accounting policies due to revisions to accounting standards and other regulations: None
- Changes in accounting policies due to other reasons: None
- Changes in accounting estimates: None
- Restatement: None
- Number of issued shares (common shares)
- Total number of issued shares at the end of the period (including treasury shares):
December 31, 2024: | 28,630,000 | shares |
March 31, 2024: | 28,790,000 | shares |
2) Number of treasury shares at the end of the period: | ||
December 31, 2024: | 209,177 | shares |
March 31, 2024: | 234,170 | shares |
3) Average number of shares outstanding during the period: | ||
Nine months ended December 31, 2024: | 28,485,912 | shares |
Nine months ended December 31, 2023: | 28,719,942 | shares |
- Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None
- Proper use of earnings forecasts, and other special matters
The forecasts above were prepared based on information available as of the date of publication of this document.
Actual financial results may differ from the forecast figures due to various factors in the future.
Quarterly Consolidated Financial Statements
Quarterly Consolidated Balance Sheets
(Millions of yen) | ||
As of March 31, 2024 | As of December 31, 2024 | |
Assets | ||
Cash and due from banks | 1,080,562 | 775,223 |
Call loans and bills bought | 5,829 | 3,005 |
Monetary claims bought | 40,659 | 33,199 |
Securities | 1,117,828 | 1,293,979 |
Loans and bills discounted | 3,428,362 | 3,522,917 |
Foreign exchanges | 4,793 | 4,759 |
Lease receivables and investments in leases | 18,020 | 20,265 |
Other assets | 71,965 | 67,719 |
Tangible fixed assets | 37,348 | 37,412 |
Intangible fixed assets | 4,841 | 5,442 |
Retirement benefit asset | 27,207 | 28,107 |
Deferred tax assets | 722 | 722 |
Customers' liabilities for acceptances and guarantees | 19,808 | 17,633 |
Allowance for loan losses | (17,298) | (18,009) |
Total assets | 5,840,650 | 5,792,377 |
Liabilities | ||
Deposits | 4,676,957 | 4,617,552 |
Negotiable certificates of deposit | 72,678 | 85,453 |
Call money and bills sold | 15,673 | 4,880 |
Borrowed money | 615,210 | 633,092 |
Foreign exchanges | 180 | 231 |
Other liabilities | 83,654 | 76,223 |
Provision for bonuses for directors (and other officers) | 58 | - |
Retirement benefit liability | 270 | 283 |
Provision for retirement benefits for directors (and | 41 | 29 |
other officers) | ||
Provision for reimbursement of deposits | 117 | 170 |
Provision for contingent loss | 121 | 156 |
Provision for share-based compensation | 216 | 201 |
Deferred tax liabilities | 21,446 | 19,801 |
Deferred tax liabilities for land revaluation | 5,027 | 5,027 |
Acceptances and guarantees | 19,808 | 17,633 |
Total liabilities | 5,511,464 | 5,460,737 |
(Millions of yen) | ||
As of March 31, 2024 | As of December 31, 2024 | |
Net assets | ||
Share capital | 37,322 | 37,322 |
Capital surplus | 30,486 | 30,486 |
Retained earnings | 194,802 | 201,062 |
Treasury shares | (569) | (563) |
Total shareholders' equity | 262,041 | 268,307 |
Valuation difference on available-for-sale securities | 49,774 | 46,988 |
Deferred gains or losses on hedges | (11) | (181) |
Revaluation reserve for land | 7,865 | 7,867 |
Remeasurements of defined benefit plans | 9,494 | 8,649 |
Total accumulated other comprehensive income | 67,123 | 63,323 |
Share acquisition rights | 21 | 8 |
Total net assets | 329,186 | 331,640 |
Total liabilities and net assets | 5,840,650 | 5,792,377 |
Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statements of Income (For the nine months)
(Millions of yen) | ||
For the nine months | For the nine months | |
ended December 31, 2023 | ended December 31, 2024 | |
Ordinary income | 60,997 | 63,557 |
Interest income | 38,521 | 42,106 |
Interest on loans and discounts | 28,788 | 30,470 |
Interest and dividends on securities | 8,640 | 9,675 |
Trust fees | 0 | - |
Fees and commissions | 9,120 | 9,285 |
Other ordinary income | 4,038 | 3,921 |
Other income | 9,316 | 8,243 |
Ordinary expenses | 50,013 | 47,890 |
Interest expenses | 10,660 | 10,757 |
Interest on deposits | 3,801 | 4,568 |
Fees and commissions payments | 2,653 | 2,848 |
Other ordinary expenses | 4,813 | 2,856 |
General and administrative expenses | 24,975 | 24,642 |
Other expenses | 6,910 | 6,784 |
Ordinary profit | 10,984 | 15,667 |
Extraordinary income | 27 | 18 |
Gain on disposal of non-current assets | 27 | 18 |
Extraordinary losses | 219 | 198 |
Loss on disposal of non-current assets | 51 | 146 |
Impairment losses | 167 | 52 |
Profit before income taxes | 10,792 | 15,487 |
Income taxes | 3,787 | 5,496 |
Profit | 7,005 | 9,990 |
Profit attributable to owners of parent | 7,005 | 9,990 |
Quarterly Consolidated Statements of Comprehensive Income (For the nine months)
(Millions of yen) | ||
For the nine months | For the nine months | |
ended December 31, 2023 | ended December 31, 2024 | |
Profit | 7,005 | 9,990 |
Other comprehensive income | 18,173 | (3,801) |
Valuation difference on available-for-sale securities | 18,780 | (2,786) |
Deferred gains or losses on hedges | (198) | (169) |
Remeasurements of defined benefit plans, net of tax | (408) | (845) |
Comprehensive income | 25,178 | 6,188 |
Comprehensive income attributable to | ||
Comprehensive income attributable to owners of | 25,178 | 6,188 |
parent | ||