Announcement Regarding the Revision of Earnings Targets for the Fiscal Year 2018
April 5, 2019
Resona Holdings, Inc.
Resona Holdings, Inc. hereby announces that it revised its earnings targets for the fiscal year 2018 (April 1, 2018- March 31, 2019) which it announced on Nov. 9, 2018 as detailed below.
There is no change in forecast for dividends on common stock.
1. Revision of the Earnings Targets
Consolidated Earnings Targets of the Fiscal Year 2018 (April 1, 2018 - March 31, 2019)
|Net Income Attributable to Owners of the Parent|
|Net Income per Share of Common Stock|
|Previous targets (A)
(Announced on Nov. 9, 2018)
|Revised targets (B)||170.0||73.41|
|Change (B - A)||(30.0)||-|
|Rate of change (%)||(15.0)||-|
|(Reference) Fiscal year 2017||236.2||100.51|
2. Reason for the Revision
Previous target of net income attributable to owners of the parent is revised downward due to the measures implemented by the group banks of Resona Holdings in order to improve soundness of securities portfolio amid highly volatile financial market environment and other business trend.
Further details will be announced when Resona Holdings announces its business results.
- *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.