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Michinoku Bank Ltd (8350.T)

8350.T on Tokyo Stock Exchange

184JPY
21 Jul 2017
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¥230
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¥178

Latest Key Developments (Source: Significant Developments)

Michinoku Bank raises consolidated full-year outlook for FY 2016
Tuesday, 26 Apr 2016 02:00am EDT 

Michinoku Bank Ltd:Says the bank increased the consolidated full-year outlook for ordinary income to 50,600 million yen from 46,500 million yen for the fiscal year ended March 31, 2016.Ordinary profit forecast increased to 7,100 million yen from 4,400 million yen.Net profit forecast increased to 4,900 million yen from 3,800 million yen.Earnings per share increased to 32.54 yen from 24.89 yen.Comments that recording of the gain on sales of investment securities and decreased expenses are the main reasons for the forecast.  Full Article

Michinoku Bank raises mid-year consolidated outlook for FY 2016
Thursday, 29 Oct 2015 02:00am EDT 

Michinoku Bank Ltd:Says the company raised the consolidated mid-year outlook for revenue to 23,400 million yen from 22,500 million yen, for FY ending March 2016.Raises the ordinary profit forecast to 2,800 million yen from 2,000 million yen.Net profit attributable to parent company's shareholders forecast increased to 2,300 million yen from 1,800 million yen.Earnings per share increased to 15.68 yen from 11.75 yen.Comments the increased profit from core businesses and decreased credit related expenses are the main reasons for the forecast.  Full Article

BRIEF-Michinoku Bank announces uncollectible or delayed receivables

* Says concern of uncollectible or delayed receivables of 1.25 billion yen from Takata Corporation