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July 05, 2015 11:59 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. Reports Earnings Results for the Year Ended March 31, 2015

The Shinwa Bank, Ltd. reported earnings results for the year ended March 31, 2015. For the year, the company reported ordinary income of ¥36,018 million compared to ¥37,330 million, ordinary profit of ¥8,702 million compared to ¥5,504 million, net income of ¥3,553 million compared to ¥4,647 million and income before income taxes was ¥6,960 million compared to ¥5,325 million for the last year.

The Shinwa Bank Announces Non-Consolidated Earnings Results for the Six Months Ended September 30, 2014; Provides Earnings Guidance for the Full Year Ending March 31, 2015

The Shinwa Bank announced non-consolidated earnings results for the six months ended September 30, 2014. For the six months, the company announced net interest income of JPY 12,413 million compared to JPY 13,227 million for the same period a year ago. Business profit was JPY 3,791 million compared to JPY 2,573 million for the same period a year ago. Core business profit was JPY 3,744 million compared to JPY 4,753 million for the same period a year ago. Income before income taxes was JPY 4,504 million compared to JPY 2,156 million for the same period a year ago. Net income was JPY 3,095 million compared to JPY 1,940 million for the same period a year ago. Interest income was JPY 13,378 million compared to JPY 14,102 million for the same period a year ago. Ordinary profit was JPY 4,546 million compared to JPY 2,213 million for the same period a year ago. The company provided earnings guidance for the full year ending March 31, 2015. For the full year ending March 31, 2015, the company expects to report core business profit of JPY 8,300 million, ordinary profit of JPY 8,300 million and net income of JPY 5,300 million.

The Shinwa Bank, Ltd. Reports Non Consolidated Earnings Results for the First Quarter Ended June 30, 2014

The Shinwa Bank, Ltd. reported non consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, the company's ordinary income was JPY 9,873 million compared to JPY 9,467 million a year ago. Ordinary profit was JPY 2,840 million compared to JPY 2,388 million a year ago. Income before income taxes was JPY 2,840 million compared to JPY 2,375 million a year ago. Net income was JPY 1,985 million compared to JPY 1,638 million a year ago. Net interest income was JPY 6,293 million compared to JPY 6,668 million a year ago.

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