Sumitomo Mitsui Trust Holdings, Inc. announced consolidated and non-consolidated earnings results for the nine months ended December 31, 2014. For the nine months, on consolidated basis, the company reported ordinary income of ¥895,043 million against ¥902,854 million a year ago. Ordinary profit was ¥232,561 million against ¥193,311 million a year ago. Income before income taxes and minority interests was ¥175,462 million against ¥191,381 million a year ago. Net income was ¥126,511 million or ¥31.82 diluted per share against ¥109,170 million or ¥27.80 diluted per share a year ago. Net interest income was ¥178,796 million against ¥163,602 million a year ago. Net trading profit was ¥26,522 million against ¥20,786 million a year ago. Net business profit before credit costs increased by ¥19.8 billion year on year to ¥232.8 billion, this was primarily due to an increase in net interest income and related profit of Sumitomo Mitsui Trust Bank, Limited. Ordinary Profit increased by ¥39.2 billion year on year due to improvements in total credit costs and net gains on stocks. Net income increased by ¥17.3 billion year on year. There was a positive effect from a change in the example categories of SuMi TRUST Bank under the practical guidelines for tax effect accounting, while SuMi TRUST Bank posted banking IT system integration costs as Extraordinary Losses.

For the nine months, on non-consolidated basis, the company reported net interest income of ¥164,573 million against ¥149,515 million a year ago. Net trading income was ¥26,568 million against ¥20,856 million a year ago. Net business profit before credit costs was ¥179,774 million against ¥158,644 million a year ago. Ordinary profit was ¥186,323 million against ¥145,185 million a year ago. Income before income taxes was ¥129,111 million against ¥143,123 million a year ago. Net income was ¥107,305 million against ¥91,860 million a year ago.

The company provided consolidated and non-consolidated earnings guidance for the fiscal year ending March 31, 2015. For the year, on consolidated basis, the company expects ordinary profit of ¥275.0 billion and net income of ¥150.0 billion or ¥37.84 per share.

For the year, on consolidated basis, the company expects net business profit before credit costs of ¥225.0 billion, ordinary profit of ¥210.0 billion and net income of ¥125.0 billion.

The company provided dividend guidance for the fiscal year ending March 31, 2015. For the year, the company expects full year dividend of ¥5.50 per share against ¥5.00 per share a year ago. Total dividend was ¥11.00 per share against ¥10.00 per share a year ago.