Suruga Bank (8358 JP): One Step Back, but Several Steps Forward
FY3/2020 consolidated results were slightly below guidance and FY3/2021 guidance suggests consolidated net profits may fall as much as 76% YoY to...
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Chiba – Infinitely Higher Provisions
To be sure, the provisioning policy of Chiba Bank (8331 JP) is unusual. The bank opted to take no provisions during several quarters in the past...
462 Views
MUFG – Painful to Watch
*MUFG Pre-Announcement: According to Mitsubishi UFJ Financial Group (8306.JP) [MUFG], FY 2019 preliminary profit declined to its lowest level in a...
467 Views
Orix - Lending, Insurance, Aircraft & Ship Leasing, No Shortage Of Risks
The Japan financial conglomerate saw its returns down dramatically during the last crisis, even if not in loss as happened with many banks. This...
543 Views
Chugoku Bank (8382 JP): Even Monkeys
Chugoku Bank (8382 JP), based in Okayama Prefecture in the Chugoku region of western Japan, is the 10th-largest Japanese regional bank in terms of...
523 Views