Worth reading
59In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
154
¥100 million (year-on-year increase in interim net income attributable to owners of the parent)Wording
Definitive
How definitive the wording is.Contents of this document
Earnings presentationInterim period of fiscal 20269 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Ordinary income¥860 billion
Net income¥592 billion
Full-year earnings forecast
Ordinary income
¥1,630 billion
Profit attributable to owners of the parent
¥1,120 billion
ROE (net asset basis)
10 Approximately %
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Ordinary income52.8％
Interim net profit attributable to owners of the parent52.8％
Interim net income attributable to owners of parent vs. previous forecast56.4％
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Credit costs were ¥4 billion for the interim period against a full-year plan of ¥10 billion, representing broadly on-plan progress.Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Loan-deposit interest spreadChange+¥10.5 billion
- Customer-related services profitChange+¥1.5 billion
- Securities-related incomeChange+¥11.6 billion
- ExpensesChange−¥3.1 billion
- Gains on securities transactions and other activitiesChange+¥4.2 billion
- Credit CostsChange+¥300 million (higher expenses)
- Other extraordinary gains and losses, etc.Change+¥1.6 billion
New initiatives
- Share Repurchases
- Increase in the annual dividend
- Investment in Human Capital
- Strengthening marketing
- Rebalancing of the securities portfolio, centered on domestic bonds
Key KPIsA metric the company considers important as a management benchmark.
- Outstanding loans¥136,081 billionYear on year against the same period last year+3.7％
- Deposits outstanding¥181,760 billionYear on year against the same period last year+0.6％
- Assets under custody¥31,943 billionYear on year against the same period last year+17.4％
- Domestic deposit-to-loan spread1.09 ％Year on year against the same period last year+0.12 percentage points
- OHR44 ％Year on year against the same period last yearDown
- Number of Securities Held for Policy Purposes198 Security
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Average loan balance¥5,130 100 million increase
- Loan yield26.6 bp increase
Financial targets
ROE (net asset basis)Fiscal 2026 forecast: approximately 10.0%
Annual Dividend
Annual dividend per share¥48
Interim Dividend¥22
Year-end dividend¥26 per share
Payout ratio
40.0%; total payout ratio: 48.9%Acquisition of treasury shares
Acquisition price¥10 billion (maximum)
Number of shares acquired9 million shares (maximum)
Acquisition period12 November 2026–21 December 2026
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | Interim period of fiscal 2026 |
| Ordinary income | ¥860 billion |
| Net income | ¥592 billion |
| Full-year earnings forecast | Ordinary income ¥1,630 billion / Profit attributable to owners of the parent ¥1,120 billion / ROE (net asset basis) 10 Approximately % |
| Progress against full-year forecast | Ordinary income 52.8％ / Interim net profit attributable to owners of the parent 52.8％ / Interim net income attributable to owners of parent vs. previous forecast 56.4％ |
| Self-assessment against the plan | Credit costs were ¥4 billion for the interim period against a full-year plan of ¥10 billion, representing broadly on-plan progress. |
| Breakdown of Factors Affecting the Change | Factors Loan-deposit interest spread / Change +¥10.5 billion, Factors Customer-related services profit / Change +¥1.5 billion, Factors Securities-related income / Change +¥11.6 billion, Factors Expenses / Change −¥3.1 billion, Factors Gains on securities transactions and other activities / Change +¥4.2 billion, Factors Credit Costs / Change +¥300 million (higher expenses), Factors Other extraordinary gains and losses, etc. / Change +¥1.6 billion |
| Key KPIs | Indicator name Outstanding loans / Value ¥136,081 billion / Year on year against the same period last year +3.7％, Indicator name Deposits outstanding / Value ¥181,760 billion / Year on year against the same period last year +0.6％, Indicator name Assets under custody / Value ¥31,943 billion / Year on year against the same period last year +17.4％, Indicator name Domestic deposit-to-loan spread / Value 1.09 ％ / Year on year against the same period last year +0.12 percentage points, Indicator name OHR / Value 44 ％ / Year on year against the same period last year Down, Indicator name Number of Securities Held for Policy Purposes / Value 198 Security / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Indicator name Average loan balance / Value ¥5,130 100 million increase / Year on year against the same period last year Not disclosed, Indicator name Loan yield / Value 26.6 bp increase / Year on year against the same period last year Not disclosed |
| Financial targets | ROE (net asset basis) Fiscal 2026 forecast: approximately 10.0% |
| Annual Dividend | Annual dividend per share ¥48 / Interim Dividend ¥22 / Year-end dividend ¥26 per share |
| Payout ratio | 40.0%; total payout ratio: 48.9% |
| Acquisition of treasury shares | Acquisition price ¥10 billion (maximum) / Number of shares acquired 9 million shares (maximum) / Acquisition period 12 November 2026–21 December 2026 |
| New initiatives | Share Repurchases, Increase in the annual dividend, Investment in Human Capital, Strengthening marketing, Rebalancing of the securities portfolio, centered on domestic bonds |
Items this document does not state (16)
Net SalesOperating profitGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterSegment resultsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookMedium-term management plan targetsCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Profit growth was driven by the wider deposit-lending interest margin resulting from higher domestic interest rates, increased income from securities and other investments following portfolio rebalancing, growth in the outstanding balance of loans and higher fees related to assets under custody, among other factors. Expenses increased, however, due to investment in human capital and stronger marketing.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.