TOKYO, Apr 23 (Pulse News Wire) – THE Tohoku Bank,ltd. (8349.T) reported a mark-to-market loss of -¥2.067 billion on its bonds held to maturity as of March 31, 2026.
The bank's total book value of these securities was ¥28.72 billion, while their fair value stood at ¥26.66 billion. The mark-to-market loss represented 104.7% of the bank’s ordinary profit for the fiscal year ended March 2025, which amounted to ¥1.974 billion.
Additionally, it equated to 193.2% of the parent company shareholders’ net income for the same period, totaling ¥1.069 billion. Regarding the impact on performance, the bank stated there would be no changes to the previously disclosed earnings forecast for the fiscal year ending March 2026, which was released on May 12, 2025.
However, the bank noted that actual results could differ due to various factors affecting the assumptions underlying the forecasts.
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