The Shimane Bank,Ltd.
Notice of Revision to Full-Year Earnings Forecast for the Fiscal Year Ending March 2027, Recognition of Loss on Sale of Securities, Revision of Medium-Term Management Plan KGI, and Reduction of Executive Compensation
Revision of the full-year earnings forecast for the fiscal year ending March 2027. Ordinary revenue is revised to 13,600 million yen (previous forecast 12,160 million yen), ordinary income to -5,960 million yen (previous forecast -330 million yen), and net income attributable to owners of parent to -5,980 million yen (previous forecast 270 million yen). A loss on sale of securities of approximately 6,500 million yen is expected to be recorded. As a result, the capital adequacy ratio is expected to improve to around 8.5%. Concurrently, the company will revise the KGI of the medium-term management plan and implement reductions in executive compensation.
Key Figures
- Sale amount of securities: 60,000 million yen (planned)
- Amount of loss to be recorded: 6,500 million yen (estimate)
- Planned sale period: January–March 2027
- Target capital adequacy ratio after KGI revision: approx. 9%
- Ordinary income/net income for the fiscal year ending March 2027 are expected to be in deficit
AI要約
Revision of Earnings Forecast and Financial Measures
While expanding its operations as a regional financial institution, The Shimane Bank,Ltd. has revised its full-year earnings forecast for the fiscal year ending March 2027. Although ordinary revenue is expected to increase, ordinary income and net income are projected to show substantial deficits, largely due to the recognition of a loss on sale of securities. Consequently, the capital adequacy ratio is expected to improve to approximately 8.5%.
Future Policy and Review of Medium-Term Plan
The company has announced a review of the medium-term management plan KGI. It will continue efforts to strengthen support for local businesses and enhance funding capacity through DX investments. Assuming collaboration with the SBI Group, the company will promote risk management and capital reinforcement measures, aiming to return to profitability by the final year of the plan.
The Shimane Bank,Ltd.
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