Key Developments: Iyo Bank Ltd (8385.T)

8385.T on Tokyo Stock Exchange

1,228JPY
1:00am EST
Price Change (% chg)

¥25 (+2.08%)
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¥1,203
Open
¥1,211
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¥1,231
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¥1,207
Volume
383,000
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508,054
52-wk High
¥1,265
52-wk Low
¥873

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Latest Key Developments (Source: Significant Developments)

Iyo Bank Ltd raises consolidated mid-year and full-year outlook for FY 2015
Friday, 24 Oct 2014 03:55am EDT 

Iyo Bank Ltd:Says the company raised the consolidated mid-year outlook for the FY ending March 2015.Revenue forecast increased to 63,700 million yen from 57,500 million yen.Ordinary profit forecast increased to 26,200 million yen from 19,000 million yen.Net profit forecast increased to 16,700 million yen from 12,100 million yen.Earnings per share forecast increased to 52.83 yen from 38.28 yen.Says the company raised the consolidated full-year outlook for the FY ending March 2015.Revenue forecast increased to 120,000 million yen from 116,500 million yen.Ordinary profit forecast increased to 44,500 million yen from 39,000 million yen.Net profit forecast increased to 28,200 million yen from 24,700 million yen.Earnings per share forecast increased to 89.21 yen from 78.16 yen.Comments that increased security interest, decreased credit cost and gain on reversal of allowance for doubtful accounts are the main reasons for the forecast.  Full Article

R&I affirms Iyo Bank Ltd's rating at "AA-" and rating outlook stable
Wednesday, 22 Jan 2014 01:00am EST 

Iyo Bank Ltd:Rating and Investment Information, Inc. (R&I) has affirmed the rating on the company at "AA-".The rating outlook is stable.  Full Article

JCR Affirms Rating on Iyo Bank Ltd at "AA"; Rating Outlook Stable-Reuters
Thursday, 5 Sep 2013 08:00pm EDT 

Reuters reported that Japan Credit Rating Agency, Ltd. (JCR) has affirmed the rating on Iyo Bank Ltd at "AA". The rating outlook is stable.  Full Article

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