Breakdown | ||||
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
222.54B | 224.22B | 207.76B | 202.03B | 199.15B | Gross Profit |
270.48B | 224.22B | 207.76B | 202.03B | 199.15B | EBIT |
91.02B | 77.23B | 68.47B | 62.10B | 60.74B | EBITDA |
0.00 | 96.11B | 88.29B | 80.82B | 76.81B | Net Income Common Stockholders |
62.44B | 60.28B | 54.50B | 49.64B | 48.04B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
4.69T | 4.07T | 4.20T | 3.62T | 1.93T | Total Assets |
21.32T | 19.79T | 19.10T | 17.90T | 15.61T | Total Debt |
3.41T | 2.14T | 2.13T | 1.75T | 860.53B | Net Debt |
-4.69T | -1.92T | -2.07T | -1.87T | -1.07T | Total Liabilities |
20.14T | 1.67T | 18.05T | 16.86T | 14.68T | Stockholders Equity |
1.18T | 1.06T | 1.06T | 1.04T | 929.33B |
Cash Flow | Free Cash Flow | |||
777.71B | -31.60B | 699.59B | 1.89T | -86.00M | Operating Cash Flow |
384.52B | -20.38B | 710.04B | 1.91T | 20.95B | Investing Cash Flow |
-136.01B | -88.49B | -81.37B | -182.83B | -102.95B | Financing Cash Flow |
371.60B | -29.09B | -41.37B | -14.12B | -22.03B |
Chiba Bank has announced its decision to acquire shares of Chiba Kogyo Bank from Ariake Master Fund, marking a strategic move to strengthen its position in the regional banking sector. This acquisition is part of Chiba Bank’s broader strategy to pursue growth opportunities and enhance its corporate value, aiming to sustain the regional financial system and improve service provision to customers.
Chiba Bank has addressed media reports suggesting it will acquire shares of The Chiba Kogyo Bank and consider a future business merger. The bank clarified that while it is exploring various business strategies, no concrete decisions have been made yet, and any significant developments will be announced promptly.
Chiba Bank announced several changes in its executive leadership, effective in March and April 2025, to enhance its sustainability management and strategic operations. These changes include the appointment of Mutsumi Awaji as the Group Chief Sustainability Officer and various promotions and resignations aimed at strengthening the bank’s strategic and digital transformation initiatives.
Chiba Bank reported a 13.2% increase in ordinary income and a 9.8% rise in ordinary profit for the first nine months of fiscal year 2024. The bank’s profit per share also increased, reflecting its solid financial performance and strategic focus, which includes the consolidation of EDGE Technology Inc. The bank plans to cancel treasury shares, impacting the profit per share positively, and has revised its dividend forecast upwards, indicating confidence in its future earnings.
The Chiba Bank has announced an upward revision of its FY2024 dividend forecast, increasing the year-end cash dividend per share from ¥18.00 to ¥22.00, resulting in an annual dividend of ¥40.00. This decision reflects the bank’s commitment to rewarding shareholders and maintaining a stable capital base, indicating a positive outlook for its financial health and stakeholder relations.
The Chiba Bank announced a decision by its Board of Directors to retire 10 million of its own common stock shares, which constitutes 1.22% of its issued shares, as part of its strategy to manage share value and optimize capital structure. The retirement of these shares is scheduled for February 28, 2025, reducing the total number of issued shares to 805,521,087. This move is likely aimed at enhancing shareholder value and streamlining its equity base, potentially having a positive impact on the bank’s stock market performance.