Notice Regarding the Revision of Earnings Targets for the First Half of Fiscal Year 2019 issued by Resona Holdings' Consolidated Subsidiary, Kansai Mirai Financial Group, Inc.
October 31, 2019
Resona Holdings, Inc.
Kansai Mirai Financial Group, Inc., one of Resona Holdings' consolidated subsidiaries, issued an announcement regarding the revision of earnings targets for the first half of fiscal year 2019 which it announced on May 10, 2019 as per the attached sheets.
1．Revision of the Earnings Targets
(1) Consolidated Earnings Targets of the First Half of Fiscal Year 2019 (Apr.1, 2019 - Sep.30, 2019)
| Net Interim Income Attributable to Owners of the Parent (Billion Yen) | Net Interim Income per Share of Common Stock (Yen) | |
|---|---|---|
| Previous targets (A) (Announced on May 10, 2019) |
5.0 | 13.42 |
| Revised targets (B) | 7.5 | 20.13 |
| Change (B - A) | +2.5 | ― |
| Rate of change (%) | +50 | ― |
| (Reference) First half of Fiscal year 2018 |
65.7 | 176.43 |
(2) Reason for the Revision
Previous target of net interim income attributable to owners of the parent is revised upward due to the cost-reduction, booking of a gain from reversal of credit expenses and other factors.
2. Earnings Targets for the Fiscal Year 2019 (Full Year)
Details of earnings targets for fiscal year 2019 will be announced separately when Kansai Mirai Financial Group announces its business results for the first half of fiscal year 2019.
- *Earnings targets reported herein are based on the data available as of the date on which this material is announced.Please be aware that actual results may differ from the targets due to various factors.