Tochigi Bank Ltd (8550.T)

8550.T on Tokyo Stock Exchange

23 Mar 2018
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¥-17 (-4.13%)
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Latest Key Developments (Source: Significant Developments)

Tokai Tokyo Financial Holdings and Tochigi Bank Ltd to convert Utsunomiya Securities Co. Ltd into JV
Tuesday, 23 Aug 2016 

Tokai Tokyo Financial Holdings Inc <8616.T>: Says the co executed the agreement with Tochigi Bank Ltd <8550.T> to convert Utsunomiya Securities Co. Ltd., the Company’s consolidated subsidiary, to a JV that will be owned by the co and Tochigi Bank .Says the co and Tochigi Bank will hold 40 percent and 60 percent voting rights in Utsunomiya Securities Co., Ltd. respectively, after effecting the JV conversion.  Full Article

Tochigi Bank appoints Junnotsuke Kuromoto as president, Yatsuo KiKuchi as chairman
Wednesday, 11 May 2016 

Tochigi Bank <8550.T>: Says it appoints Junnotsuke Kuromoto as new president to succeed Yatsuo KiKuchi . Says it appoints Yatsuo KiKuchi as chairman of the board .Says the effective date is June 29.  Full Article

Tochigi Bank announces president and chairman changes
Wednesday, 11 May 2016 

Tochigi Bank Ltd <8550.T> : Appoints Yasuo Kikuchi as the new Chairman of the Board in the bank . Appoints Junnosuke Kuromoto as the new President of the bank, to replace Yasuo Kikuchi .Says effective date June 29.  Full Article

TOCHIGI BANK raises consolidated full-year outlook for FY 2016
Wednesday, 27 Apr 2016 

TOCHIGI BANK LTD:Says the company increased the consolidated full-year outlook for revenue to 57,800 mln yen from 53,000 mln yen, for the fiscal year ended March 31, 2016.Ordinary profit forecast increased to 18,500 mln yen from 15,500 mln yen.Net profit forecast increased to 11,200 mln yen from 10,000 mln yen.Earnings per share increased to 99.38 yen from 88.16 yen.Comments the increased securities related earnings as the main reason for the forecast.  Full Article

BRIEF-R&I affirms Tochigi Bank's rating at "A-" and says negative outlook-R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-"-R&I