AKITA BANK,LTD.THE
Location
AKITA
Founded
1879-01-29
Website
Risk Signals
41 news mentions monitored
Industry Context
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Recent Articles about AKITA BANK,LTD.THE
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2023-05-12 (sankei.com)
Two regional banks in Akita Prefecture posted higher sales and profits in the 4th fiscal year
The settlement of accounts for the term ending March 2023 of two regional banks in Akita Prefecture was released on the 12th. The Akita Bank (Akita City) posted non-consolidated ordinary profit of 4,833 million yen, up 2.1% year-on-year, and net profit of 3,366 million yen, up 0.7% year-on-year. Core net business profit, which is profit from the main business, increased by 47.0% to 9,252 million yen. It was the first time in eight years that both sales and profits increased. Credit-related costs such as corporate bankruptcy processing decreased by more than 60% to 625 million yen, but President Akihiro Shintani expects 1 billion yen for this fiscal year, saying, "The outlook for corporate performance is not yet optimistic due to the impact of the corona crisis." . The Hokuto Bank (same) ordinary income on a non-consolidated basis increased by 1.4% year-on-year
Read more![Akita Bank [8343]: Summary of financial results for the second quarter (interim period) of the fiscal year ending March 2024 [Japanese GAAP] (consolidated) November 9, 2023 (timely disclosure): Nikkei Company Information DIGITAL: Nihon Keizai Shimbun](https://images.businessradar.com/articles/a387331a-8c1d-4bea-9bc3-85f56dfae12c)
(nikkei.com)
Akita Bank [8343]: Summary of financial results for the second quarter (interim period) of the fiscal year ending March 2024 [Japanese GAAP] (consolidated) November 9, 2023 (timely disclosure): Nikkei Company Information DIGITAL: Nihon Keizai Shimbun
November 9, 2023 Akita Bank [8343]'s disclosure document "Summary of Financial Results for the Second Quarter (Interim Period) for the Fiscal Year Ending March 2024 [Japanese Standards] (Consolidated)" can be viewed. Materials can be downloaded as PDF
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