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February 10, 2016 5:03 AM ET

Banks

Company Overview of The Shinwa Bank, Ltd.

Company Overview

The Shinwa Bank, Ltd. provides banking products and services in Japan. The company offers time, savings, and foreign currency deposit accounts; and mortgages, home improvement, apartment, card, free, student, and car loans. It also provides personal pension, whole life, educational, medical and cancer, term, and overseas travel insurance products; investment trust services; government and public bonds for individuals; financial instruments intermediary service; and direct banking, ATM card, Internet banking, ATM, safe deposit box, and currency exchange services, as well as reservation services pension receipt. In addition, the company provides IPO support services. It operates through 88 bra...

10-12 Shimanose-cho

Sasebo,  

Japan

Founded in 1939

Key Executives for The Shinwa Bank, Ltd.

President and Representative Director
Age: 67
Manager of Finance Department
Chief of Market Sales Office and Manager of Sales Promotion
Head of Store Sales and Manager
Senior Managing Executive Officer and Representative Director
Age: 61
Compensation as of Fiscal Year 2015.

The Shinwa Bank, Ltd. Key Developments

The Shinwa Bank, Ltd. Announces Non-Consolidated Earnings Results for the Six Months Ended September 30, 2015

The Shinwa Bank, Ltd. announced non-consolidated earnings results for the six months ended September 30, 2015. For the six months, on non-consolidated basis, the company reported ordinary income was JPY 19,716 million compared to JPY 18,520 million a year ago. Interest income was JPY 12,944 million compared to JPY 13,378 million a year ago. Ordinary profit was JPY 6,572 million compared to JPY 4,546 million a year ago. Income before income taxes was JPY 6,491 million compared to JPY 4,504 million a year ago. Net income was JPY 4,985 million compared to JPY 3,095 million a year ago. Core business profit was JPY 4,392 million compared to JPY 3,744 million a year ago.

The Shinwa Bank, Ltd. Announces Non-Consolidated Earnings Results for the Year Ended March 31, 2015

The Shinwa Bank, Ltd. announced non-consolidated earnings results for the year ended March 31, 2015. For the year, the company reported total income of ¥36,022 million, income before income taxes of ¥6,960 million, net income of ¥3,553 million compared to the total income of ¥37,373 million, income before income taxes of ¥5,325 million, net income of ¥4,647 million for the previous year.

The Shinwa Bank, Ltd. Reports Financial Results for the First Quarter Ended June 30, 2015

The Shinwa Bank, Ltd. reported financial results for the first quarter ended June 30, 2015. For the quarter, the company reported ordinary income of JPY 9,104 million against JPY 9,873 million a year ago. Ordinary profit was JPY 2,450 million against JPY 2,840 million a year ago. Net income was JPY 1,706 million against JPY 1,985 million a year ago. Income before income taxes was JPY 2,447 million against JPY 2,840 million a year ago.

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