Worth reading
64In 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
82
Year on year (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of fiscal 202610 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Ordinary income¥139 100 million+73.8%
Net income¥114 100 million+82.0%
Selling, general and administrative expenses¥166 100 million
Results for the three months of the current quarterThe first quarter is defined as the April-June period, and standalone first-quarter profit and loss results are presented
Full-year earnings forecast
Consolidated gross operating profit
¥1,110 100 million
Consolidated core net business profit
¥440 100 million
Ordinary income
¥370 100 million
Net income attributable to owners of the parent
¥270 100 million
Net Interest Income
¥560 100 million
Non-interest income
¥550 100 million
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。
Net income attributable to owners of the parent43%
Consolidated core net business profit37%
Ordinary income38%
Consolidated gross operating profit29%
Investment Banking Division38%
Markets and International Division23%
Customer Relations Division35%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Credit-related costs are progressing within the expected range against the full-year plan of ¥7.0 billionBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Interest Income+¥4.2 billion
Non-interest income+¥3.7 billion
Expenses-¥800 million
Equity-Method Investment Income and Loss+¥200 million
Gains or losses on stocks and other securities-¥0.2 billion
Credit-related expenses-¥1.3 billion
Income Taxes-¥300 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- 0.25 %AssumptionsRising interest rates across all maturities
- 75 %AssumptionsDeposit rate pass-through
- Unchanged from 30 June 2026AssumptionsBalance sheet
- 0.01 1 Vietnamese dong = ¥0.0060AssumptionsExchange rate
New initiatives
- Announcement of the new brand communication, “Creating Possibilities”
- Expansion of areas of collaboration with Daiwa Securities Group
- Continued sale of credit ETFs classified as legacy assets
Key KPIsA metric the company considers important as a management benchmark.
- GMO Aozora Net Bank corporate accounts26 Over 10,000
- GMO Aozora Net Bank deposits1.4 approximately ¥1 trillion
- Increase in assets under custody from 31 March 2026¥1,024 100 millionYear on year against the same period last year+14%
- Legacy asset reduction51 USD million
- CET1 ratioExpected to rise to nearly 10%
- Disclosed claims ratioBelow 1%Year on year against the same period last yearDown
Segment results
Investment Banking Division
Core operating profit
¥130 100 million
yoy+¥4.2 billion
Markets and International Division
Core operating profit
¥37 100 million
yoy+¥700 million
Customer Relations Division
Core operating profit
¥6 100 million
yoy+¥400 million
GMOあおぞらネット銀行
Core operating profit
¥10 100 million
yoy+¥900 million
Other
Core operating profit
¥-23 100 million
yoy+¥700 million
Medium-term management plan targets
Plan nameAOZORA2027
Target fiscal yearFY2027
ROE
7 Approximately %
Financial targets
ROE
7 Approximately %
Target fiscal yearFY2027
Annual Dividend
Annual
¥100 per share
1Q
¥25 per share
Payout ratio
51.3 %
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of fiscal 2026 |
| Ordinary income | ¥139 100 million (YoY +73.8%) |
| Net income | ¥114 100 million (YoY +82.0%) |
| Selling, general and administrative expenses | ¥166 100 million |
| Results for the three months of the current quarter | The first quarter is defined as the April-June period, and standalone first-quarter profit and loss results are presented |
| Full-year earnings forecast | Consolidated gross operating profit ¥1,110 100 million / Consolidated core net business profit ¥440 100 million / Ordinary income ¥370 100 million / Net income attributable to owners of the parent ¥270 100 million / Net Interest Income ¥560 100 million / Non-interest income ¥550 100 million |
| Progress against full-year forecast | Net income attributable to owners of the parent 43% / Consolidated core net business profit 37% / Ordinary income 38% / Consolidated gross operating profit 29% / Investment Banking Division 38% / Markets and International Division 23% / Customer Relations Division 35% |
| Self-assessment against the plan | Credit-related costs are progressing within the expected range against the full-year plan of ¥7.0 billion |
| Segment results | Investment Banking Division Core operating profit ¥130 100 million / Markets and International Division Core operating profit ¥37 100 million / Customer Relations Division Core operating profit ¥6 100 million / GMOあおぞらネット銀行 Core operating profit ¥10 100 million / Other Core operating profit ¥-23 100 million |
| Breakdown of Factors Affecting the Change | Net Interest Income +¥4.2 billion / Non-interest income +¥3.7 billion / Expenses -¥800 million / Equity-Method Investment Income and Loss +¥200 million / Gains or losses on stocks and other securities -¥0.2 billion / Credit-related expenses -¥1.3 billion / Income Taxes -¥300 million |
| Key KPIs | Indicator name GMO Aozora Net Bank corporate accounts / Value 26 Over 10,000 / Year on year against the same period last year Not disclosed, Indicator name GMO Aozora Net Bank deposits / Value 1.4 approximately ¥1 trillion / Year on year against the same period last year Not disclosed, Indicator name Increase in assets under custody from 31 March 2026 / Value ¥1,024 100 million / Year on year against the same period last year +14%, Indicator name Legacy asset reduction / Value 51 USD million / Year on year against the same period last year Not disclosed, Indicator name CET1 ratio / Value Expected to rise to nearly 10% / Year on year against the same period last year Not disclosed, Indicator name Disclosed claims ratio / Value Below 1% / Year on year against the same period last year Down |
| Assumptions Underlying the Business Outlook | Assumptions Rising interest rates across all maturities / Value 0.25 %, Assumptions Deposit rate pass-through / Value 75 %, Assumptions Balance sheet / Value Unchanged from 30 June 2026, Assumptions Exchange rate / Value 0.01 1 Vietnamese dong = ¥0.0060 |
| Medium-term management plan targets | Plan name AOZORA2027 / Target fiscal year FY2027 / ROE 7 Approximately % |
| Financial targets | ROE 7 Approximately % / Equity ratio Not disclosed |
| Annual Dividend | Annual ¥100 per share / 1Q ¥25 per share / Interim Not disclosed / End of period Not disclosed |
| Payout ratio | 51.3 % |
| New initiatives | Announcement of the new brand communication, “Creating Possibilities”, Expansion of areas of collaboration with Daiwa Securities Group, Continued sale of credit ETFs classified as legacy assets |
Items this document does not state (13)
Net SalesOperating profitGross Profit MarginOperating profit marginUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookAcquisition of treasury sharesCapital 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.Performance was driven mainly by the investment banking business, including the securing of high lending yields, a widening of the deposit-lending spread, and increases in M&A-related lending fees and gains on partnership investments. The expansion of GMO Aozora Net Bank's business and collaboration with Daiwa Securities Group also contributed.
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.