Sumitomo Mitsui Trust Holdings, Inc. Reports Consolidated and Non-Consolidated Earnings Results for the Nine Months Ended December 31, 2016; Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2017
For the first nine months, on non-consolidated basis, the company's ordinary profit was JPY 146.7 billion compared to JPY 151.3 billion a year ago. Net income was JPY 102.2 billion compared to JPY 102.9 billion a year ago. Net interest income was JPY 139,018 million against JPY 159,471 million a year ago. Income before income taxes was JPY 143.7 billion compared to JPY 149.9 billion a year ago. Ordinary income was JPY 583.4 billion against JPY 534.9 billion a year ago.
For the year ending March 31, 2017, on consolidated basis, the company expects ordinary profit of JPY 265,000 million and net income attributable to owners of the parent of JPY 170,000 million or JPY 444.40 per share.
For the year ending March 31, 2017, on non-consolidated basis, the company expects ordinary profit of JPY 200.0 billion and net income of JPY 135.0 billion.