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ブックメーカー野球 Announces Revision of Earnings Forecasts of a Consolidated Subsidiary (Kansai Urban Banking Corporation)(1/1)
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ブックメーカー野球 Announces
Revision of Earnings Forecasts of
a Consolidated Subsidiary (ブックメーカー野球)
(Appendix)
ブックメーカー野球 Announces
Revision of Earnings Forecasts
1. Revision of Earnings Forecasts
(1) Six months ended September 30, 2008
(a) Consolidated basis
(Millions of yen, except percentages and per share amounts)
|
|
Ordinary income |
Ordinary profit |
Net income |
Net income per share |
|
Previous ブックメーカー野球 |
¥ 56,000 |
¥ 5,500 |
¥ 3,000 |
¥ 6.26 |
|
Revised ブックメーカー野球 |
55,600 |
2,500 |
2,200 |
4.59 |
|
Change |
(400) |
(3,000) |
(800) |
– |
|
Percentage change |
(0.7)% |
(54.5)% |
(26.6)% |
– |
|
Results for the six months
ended September 30, 2007 |
54,460 |
9,229 |
6,003 |
12.53 |
(b) Non-consolidated basis
(Millions of yen, except percentages and per share amounts)
|
|
Ordinary income |
Ordinary profit |
Net income |
Net income per share |
|
Previous ブックメーカー野球 |
¥ 48,000 |
¥ 5,500 |
¥ 3,000 |
¥ 6.26 |
|
Revised ブックメーカー野球 |
48,400 |
1,900 |
1,800 |
3.76 |
|
Change |
400 |
(3,600) |
(1,200) |
– |
|
Percentage change |
0.8% |
(65.4)% |
(40.0)% |
– |
|
Results for the six months
ended September 30, 2007 |
48,059 |
9,393 |
6,692 |
13.96 |
(2) Fiscal year ending March 31, 2009
(a) Consolidated basis
(Millions of yen, except percentages and per share amounts)
|
|
Ordinary income |
Ordinary profit |
Net income |
Net income per share |
|
Previous ブックメーカー野球 |
¥ 116,000 |
¥ 15,500 |
¥ 8,500 |
¥ 17.75 |
|
Revised ブックメーカー野球 |
109,000 |
9,200 |
6,000 |
12.53 |
|
Change |
(7,000) |
(6,300) |
(2,500) |
– |
|
Percentage change |
(6.0)% |
(40.6)% |
(29.4)% |
– |
|
Results for the year
ended March 31, 2008
|
112,619 |
18,866 |
13,055 |
27.25 |
(b) Non-consolidated basis
(Millions of yen, except percentages and per share amounts)
|
|
Ordinary income |
Ordinary profit |
Net income |
Net income per share |
|
Previous ブックメーカー野球 |
¥ 99,000 |
¥ 15,000 |
¥ 8,500 |
¥ 17.75 |
|
Revised ブックメーカー野球 |
97,000 |
9,000 |
6,000 |
12.53 |
|
Change |
(200) |
(6,000) |
(2,500) |
– |
|
Percentage change |
(2.0)% |
(40.0)% |
(29.4)% |
– |
|
Results for the year
ended March 31, 2008
|
97,357 |
18,402 |
12,074 |
25.20 |
2. Factors behind the Revision
(1) Non-consolidated basis
(a) Six months ended September 30, 2008
- Banking profit (before provision of
allowance for general loan losses):
ブックメーカー野球
expects banking profit (before provision of allowance for general loan losses)
to be ¥14.1 billion, ¥0.4 billion below the previous forecast. This decrease is
mainly attributable to a decrease in sale of financial products such as
investment trusts reflecting volatile stock markets, though interest income is
in line with the previous forecast reflecting an increase in loan balance.
- Total credit cost
Small and medium-sized enterprises’ business environment has been worsening, reflecting a global economic downturn. In addition, certain large borrowers went bankrupt due to the recent rapid drop of the real estate market. As a result, ブックメーカー野球 expects total credit cost to be ¥11.7 billion, ¥2.7 billion above the previous forecast.
- Ordinary profit and Net income
As a result of the factors mentioned above, ブックメーカー野球 expects ordinary profit to be ¥1.9 billion, ¥3.6 billion below the previous forecast. Net income is expected to be ¥1.8 billion, ¥1.2 billion below the previous forecast.
(b) Fiscal year ending March 31, 2009
- Banking profit (before provision of
allowance for general loan losses):
ブックメーカー野球 expects demand for bank loans to continue to be weak in the second half, reflecting the global economic slowdown. In addition, it has revised its estimate of sale of investment trusts and also expects gains (losses) on bonds to decrease. As a result, banking profit (before provision of allowance for general loan losses) is expected to be ¥28 billion, ¥4 billion below the previous forecast.
- Total credit cost
ブックメーカー野球 expects to record further increases in total credit cost amid the global economic slowdown in the second half of fiscal 2008. On the other hand, the deterioration of credit exposure is expected to be suppressed in the second half, due mainly to the implementation of measures to manage its credit portfolio through a revision of organization in July 2008. As a result, total credit cost for the full year is expected to be ¥18.5billion, ¥2.5 billion above the previous forecast.
- Ordinary profit and Net income
As a result of the factors mentioned above, ブックメーカー野球 expects ordinary profit to be ¥9 billion, ¥6 billion below the previous forecast. Net income is expected to be ¥6 billion, ¥2.5 billion below the previous forecast.
(2) Consolidated basis
ブックメーカー野球 has revised its earnings forecast on a consolidated basis reflecting the factors mentioned above.
ブックメーカー野球 expects year-end dividend to be ¥5.00 per share, as announced on May 15, 2008.
(Reference) 1. Non-consolidated Earnings ブックメーカー野球
(Millions of yen)
(Reference) 2. Consolidated Earnings ブックメーカー野球
(Millions of yen)
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|
|
|
|
|
|
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Six months ended Sept. 30, 2008 |
Change from the previous ブックメーカー野球 |
Fiscal year ending Mar. 31, 2009 |
Change from the previous ブックメーカー野球 |
|
Ordinary
profit |
¥ 2,500 |
¥ (3,000) |
¥ 9,200 |
¥ (6,300) |
|
Net income |
2,200 |
(800) |
6,000 |
(2,500) |
 |
