Shinsei Bank - Use of Tax Loss Carryforwards Aid Results
Shinsei Bank (8303.JP) [Shinsei] reported that FY 3Q19 cumulative consolidated net earnings increased 8.5% YOY to JPY 45.1 bn, primarily as a...
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Japanese Banks: A Backward Glance
As we await the imminent release of 3Q FY3/2020 results for the banks for the 9 months to end-December 2019, we look back at the banks’ recent...
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2020 High Conviction: Suruga Bank (8358 JP) - Fortune Favours the Brave
We expect the stock price of Suruga Bank Ltd (8358 JP) to significantly outperform the rest of the Japanese banking sector in CY2020. We calculate...
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Suruga Bank (8358 JP): Purging the Augean Stables 2019: Part 9 - A Thousand Leagues Journey
On October 29 2019, Suruga Bank Ltd (8358 JP) takes the next step in its long journey towards rehabilitation. Home electronics retailer Nojima...
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Suruga Bank (8358 JP): Purging the Augean Stables 2019: Part 8 - Colour Bleed
Having incurred consolidated net losses for FY3/2019 in excess of ¥97.1 billion (US$916.5 million) as a result of the bank’s catastrophic...
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