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Investor Presentaiton

Overview of Financial Results Non-consolidated 2022/3 2023/3 (Billion yen) Change % Change Gross operating profit 26.9 27.0 +0.1 Net interest income 25.4 29.0 +3.6 +0.5% +14.2% Fees and commissions income 4.2 4.4 +0.2 +3.3% Other operating income (2.8) (6.4) (3.6) (127.8%) Expenses 22.1 21.3 (0.8) (3.6%) Substantial net business profit (Note) 4.7 5.6 +0.9 +20.2% Core net business profit 7.5 12.0 +4.5 +59.3% Core net business profit (excluding gains (losses) from 7.4 7.9 +0.5 +6.7% cancellation of investment trusts) Provision of general allowance for 0.6 (0.7) loan losses (1) Net business profit 4.1 6.4 Losses on sale of bonds (2.8) (6.3) (3.5) (1.3) (225.0%) +2.3 +56.4% (123.6%) Unusual profits and losses 0.3 (2.0) (2.3) (760.4%) Non-performing loan disposal (2) 1.4 3.4 +2.0 +137.5% Ordinary profit 4.4 4.3 (0.1) (1.1%) Profit 3.0 2.2 (0.8) (28.2%) Costs for loans written-off (1) + (2) 2.0 2.7 +0.7 +31.1% Consolidated 2022/3 2023/3 Change % Change Ordinary profit 5.5 5.0 (0.5) Profit attributable to owners of parent 3.6 2.6 (1.0) (9.2%) (26.9%) TOCH GN TOCHIGI BANK Main Points on Non-consolidated Financial Results ●Net interest income increased by 3.6 billion yen year on year. This was due to gains from the cancellation of investment trusts, such as bear funds, which more than offset losses from the sale of securities. Other operating income decreased by 3.6 billion yen year on year. This was due to realized losses from the sale of securities held, which suffered increased valuation losses as a result of rising interest rates in Japan and overseas. Profit decreased by 800 million yen year on year. This was due to an increase in non-performing loan disposal expenses (costs for loans written off) of 700 million yen, mainly resulting from the bankruptcy of a major borrower, as well as an increase in income taxes payable compared to the previous fiscal year. Profits related to our main business, which are core net business profit (excluding gains (losses) from cancellation of investment trusts) and substantial net business profit, increased year on year due to an increase in fees and commissions income and the effect of cost reductions. (Note) Substantial net business profit = Net business profit (before provision to general allowance for loan losses) Main Point on Consolidated Financial Results O Consolidated ordinary profit and profit attributable to owners of parent for the fiscal year ended March 31, 2023 decreased year on year, primarily due to the same reasons as in the non-consolidated financial results. 3
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