Aozora Bank, Ltd. (TYO: 8304)

Aozora Bank Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Interest Income on Loans	134,794	132,123	87,356	44,738	45,459	61,435
Interest Income on Investments	28,469	34,313	26,214	21,403	22,348	33,974
Total Interest Income	163,263	166,436	113,570	66,141	67,807	95,409
Interest Paid on Deposits	11,685	14,400	11,284	6,185	5,658	7,288
Interest Paid on Borrowings	109,962	109,962	51,206	8,344	12,059	39,331
Total Interest Expense	121,647	124,362	62,490	14,529	17,717	46,619
Net Interest Income	41,616	42,074	51,080	51,612	50,090	48,790
Net Interest Income Growth (YoY)	-15.12%	-17.63%	-1.03%	3.04%	2.66%	-2.97%
Trust Income	394	370	377	444	386	462
Income From Trading Activities	2,928	1,633	4,196	16,642	13,401	18,074
Gain (Loss) on Sale of Assets	3,404	-7	-2	-49	-4	-4
Gain (Loss) on Sale of Investments	-5,903	1,636	8,496	2,033	2,375	11,664
Other Non-Interest Income	55,195	57,911	45,937	49,476	52,439	48,622
Total Non-Interest Income	56,018	61,543	59,004	68,546	68,597	78,818
Non-Interest Income Growth (YoY)	-13.09%	4.30%	-13.92%	-0.07%	-12.97%	25.69%
Revenues Before Loan Losses	97,634	103,617	110,084	120,158	118,687	127,608
Provision for Loan Losses	39,768	45,267	1,286	4,069	941	11,818
Revenue	57,866	58,350	108,798	116,089	117,746	115,790
Revenue Growth (YoY)	-43.49%	-46.37%	-6.28%	-1.41%	1.69%	4.22%
Selling, General & Administrative	61,810	62,424	59,463	57,490	56,128	53,681
Other Non-Interest Expense	51,858	50,749	41,982	12,354	22,642	18,784
Total Non-Interest Expense	113,668	113,173	101,445	69,844	78,770	72,465
EBT Excluding Unusual Items	-55,802	-54,823	7,353	46,245	38,976	43,325
Asset Writedown	-480	-220	-	-269	-	-
Other Unusual Items	1,870	1,870	-	-1	-	-
Pretax Income	-54,412	-53,173	7,353	45,975	38,976	43,325
Income Tax Expense	-2,932	-1,437	698	12,937	12,230	17,743
Earnings From Continuing Operations	-51,480	-51,736	6,655	33,038	26,746	25,582
Minority Interest in Earnings	1,447	1,832	2,064	1,966	2,226	2,560
Net Income	-50,033	-49,904	8,719	35,004	28,972	28,142
Net Income to Common	-50,033	-49,904	8,719	35,004	28,972	28,142
Net Income Growth	-	-	-75.09%	20.82%	2.95%	-22.11%
Basic Shares Outstanding	122	117	117	117	117	117
Diluted Shares Outstanding	122	117	117	117	117	117
Shares Change (YoY)	4.48%	-0.14%	0.05%	0.05%	0.05%	0.04%
EPS (Basic)	-409.30	-427.22	74.66	299.81	248.26	241.19
EPS (Diluted)	-409.30	-427.22	74.54	299.38	247.90	240.92
EPS Growth	-	-	-75.10%	20.77%	2.90%	-22.14%
Dividend Per Share	38.000	76.000	154.000	149.000	124.000	156.000
Dividend Growth	-75.32%	-50.65%	3.36%	20.16%	-20.51%	1.30%
Effective Tax Rate	-	-	9.49%	28.14%	31.38%	40.95%

Source: S&P Capital IQ. Banks template. Financial Sources.