July 27, 2016 12:17 PM 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: 68
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: 62
Compensation as of Fiscal Year 2016.

The Shinwa Bank, Ltd. Key Developments

The Shinwa Bank Reports Non-Consolidated Earnings Results for the Year Ended March 31, 2016; Provides Earnings Guidance for the Six Months and Fiscal Year 2017

The Shinwa Bank reported non-consolidated earnings results for the year ended March 31, 2016. For the year, on non-consolidated basis, ordinary income was JPY 35,745 million against JPY 36,018 million for the same period prior year. Ordinary profit was JPY 7,742 million against JPY 8,702 million for the same period prior year. Net income was JPY 5,206 million against JPY 3,553 million for the same period prior year. Income before income taxes was JPY 7,255 million against JPY 6,690 million for the same period prior year. Core business profit was JPY 8,073 million against JPY 8,905 million for the same period prior year. For the fiscal year 2017, the company expects ordinary profit of JPY 6,800 million, net income of JPY 5,400 million and core business profit of JPY 8,600 million. For the six months of fiscal year 2017, the company expects ordinary profit of JPY 3,300 million, net income of JPY 2,600 million and core business profit of JPY 4,300 million.

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.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 9, 2016
Daiichi General Service Co.,Ltd.
Fund Raising
October 1, 2015
Kyushu Kanko Kasseika Fund
 

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