Latest Tokyo Brief coverage on Chugin Financial Group, Inc., tracking filings, financial news, and market signals from Japan.
TSE:5832
Chugin Financial Group now expects interim net profit of ¥29.7bn, up from ¥20.7bn, crediting higher domestic rates and securities portfolio rebalancing; its full-year outlook is due on October 29.
Chugin Financial Group's first-quarter net profit rose 40.3% to ¥13.9bn as higher domestic rates lifted lending income, even as the bank booked ¥19.9bn in losses selling off low-yield bonds, a cost partly offset by ¥18.3bn in stock-sale gains.
Current holdings disclosed by tracked funds.