July 23, 2014 5:55 PM ET

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Company Overview of The Shinwa Bank, Ltd.

Company Overview

The Shinwa Bank, Ltd. provides banking products and services in Japan. The company offers time, savings, and foreign currency deposit accounts; and mortgages, home improvement, apartment, card, free, student, and car loans. It also provides personal pension, whole life, educational, medical and cancer, term, and overseas travel insurance products; investment trust services; government and public bonds for individuals; financial instruments intermediary service; and direct banking, ATM card, Internet banking, ATM, safe deposit box, and currency exchange services, as well as reservation services pension receipt. In addition, the company provides IPO support services. It operates through 88 bra...

10-12 Shimanose-cho

Sasebo,  

Japan

Founded in 1939

Key Executives for The Shinwa Bank, Ltd.

President and Representative Director
Age: 66
Manager of Finance Department
Chief of Market Sales Office and Manager of Sales Promotion
Head of Store Sales and Manager
Senior Managing Executive Officer and Representative Director
Age: 60
Compensation as of Fiscal Year 2014.

The Shinwa Bank, Ltd. Key Developments

The Shinwa Bank, Ltd. Reports Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2013

The Shinwa Bank, Ltd. reported non-consolidated earnings results for the nine months ended December 31, 2013. For the nine months, the company reported income before income taxes of ¥4,154 million, net income of ¥3,469 million on ordinary income of ¥27,826 million against income before income taxes of ¥7,432 million, net income of ¥4,514 million on ordinary income of ¥29,532 million for the same period a year ago.

The Shinwa Bank Reports Non Consolidated Earnings Results for the First Quarter Ended June 30, 2013

The Shinwa Bank reported non consolidated earnings results for the first quarter ended June 30, 2013. For the period, the company reported on non consolidated basis net interest income of ¥8,056 million against ¥7,991 million a year ago. Ordinary income was ¥9,467 million against ¥9,522 million a year ago. Ordinary profit was ¥2,388 million against ¥2,371 million a year ago. Income before income taxes was ¥2,375 million against ¥2,358 million a year ago. Net income was ¥1,638 million against ¥2,123 million a year ago.

The Shinwa Bank, Ltd. Reports Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2012

The Shinwa Bank, Ltd. reported non-consolidated earnings results for the nine months ended December 31, 2012. For the period, the company reported net interest income of ¥21,174 million against ¥21,146 million a year ago. Ordinary profit was ¥7,686 million against ¥6,968 million a year ago. Net income was ¥4,514 million against ¥4,907 million a year ago. Income before income taxes was ¥51,804 million against ¥38,832 million a year ago. Core business profit against ¥7,791 million against ¥6,795 million a year ago, increased mainly due to a reduction in overhead expenses. Ordinary income was ¥29,532 million against ¥32,082 million a year ago.

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