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Financial results presentation8308Resona Holdings, Inc.Banks

Key Financial Highlights for the Fiscal Year Ending March 2026

For the fiscal year ended March 2026, net income attributable to owners of the parent increased by ¥45.3 billion year on year to ¥258.7 billion, while fee income reached a record high for the fifth consecutive fiscal year. For the fiscal year ending March 2027, the targets are net income of ¥310.0 billion, core operating profit of ¥415.0 billion, and ROE of 10.0%.

Worth reading
80Important
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
513
¥100 million
Wording
Conditional
How definitive the wording is.

Contents of this document

Financial results presentationFiscal year ending March 202611 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net income¥2,587 100 million+21.2%
Selling, general and administrative expenses¥4,657 100 million
Full-year earnings forecast
Profit attributable to owners of the parent
¥3,100 100 million
Core net business profit (excluding gains and losses on cancellation of investment trusts)
¥4,150 100 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。
Fee income100.2%
Credit-related expensesCredit cost utilization rate 36.1%
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Improvement exceeding the plan was achieved
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
  • Domestic deposit and lending income+¥57.8 billion
  • Interest on deposits with the Bank of Japan+¥42.4 billion
  • Interest on yen-denominated bonds, etc.+¥15.2 billion
  • Fee income+¥2.5 billion
  • Expenses-¥21.6 billion
  • Share of profit or loss of investments accounted for using the equity method-¥45.2 billion
  • Gains and losses related to stocks, etc. (including futures)+¥28.6 billion
  • Income Taxes-¥44.7 billion
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
  • 0.75 %
    AssumptionsPolicy rate (April–December 2026)
  • 1 %
    AssumptionsPolicy rate (January 2027 onward)
New initiatives
  • Building a regional value-circulation BaaS and payments model through a capital and business alliance with JR West
  • Increasing investment in IT and human capital
  • Raising the total payout ratio target to at least 50%
  • Raising the DOE target for FY2029 to approximately 3.5%
  • Establishing a share repurchase authorization of up to ¥35.0 billion
Key KPIsA metric the company considers important as a management benchmark.
  • ROE (TSE standards)9.2 %
    Year on year against the same period last year+1.4 percentage points
  • OHR57.5 %
    Year on year against the same period last year-6.6 percentage points
  • Average loan balance¥45.34 trillion
    Year on year against the same period last year+4.76%
  • Loan yield1.16 %
    Year on year against the same period last year+0.27 percentage points
  • Average deposit and NCD balance¥62.86 trillion
    Year on year against the same period last year-0.23%
  • CET1 ratio (fully implemented, excluding valuation differences on other securities)10.08 %
    Year on year against the same period last year-0.10 percentage points
Unit price and quantity metricsThese figures show sales broken down by price and volume.
  • Average loan balance¥45.34 trillion
    Year on year against the same period last year+4.76%
  • Loan yield1.16 %
    Year on year against the same period last year+0.27 percentage points
  • Originations of owner-occupied home loans¥1.53 trillion
    Year on year against the same period last year+19.8%
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2029
Profit attributable to owners of the parent¥390.0 billion
ROE12% (assuming a 1.0% policy rate), 14% (assuming a 1.5% policy rate)
Financial targets
ROE10.0% for the fiscal year ending March 2027, 12% or 14% for the fiscal year ending March 2029
Annual Dividend
Annual dividend per share¥37.0 per share
Interim Dividend¥18.5
Year-end dividend¥18.5
Payout ratio
Total payout ratio target of at least 50%; DOE target of approximately 3.5% for FY2029
Acquisition of treasury shares
Buyback limitUp to ¥35.0 billion
Contents of this document
ItemDetails
Document typeFinancial results presentation
Fiscal Period CoveredFiscal year ending March 2026
Net income¥2,587 100 million (YoY +21.2%)
Selling, general and administrative expenses¥4,657 100 million
Full-year earnings forecastProfit attributable to owners of the parent ¥3,100 100 million / Core net business profit (excluding gains and losses on cancellation of investment trusts) ¥4,150 100 million
Progress against full-year forecastFee income 100.2% / Credit-related expenses Credit cost utilization rate 36.1%
Self-assessment against the planImprovement exceeding the plan was achieved
Breakdown of Factors Affecting the ChangeFactors Domestic deposit and lending income / Amount +¥57.8 billion, Factors Interest on deposits with the Bank of Japan / Amount +¥42.4 billion, Factors Interest on yen-denominated bonds, etc. / Amount +¥15.2 billion, Factors Fee income / Amount +¥2.5 billion, Factors Expenses / Amount -¥21.6 billion, Factors Share of profit or loss of investments accounted for using the equity method / Amount -¥45.2 billion, Factors Gains and losses related to stocks, etc. (including futures) / Amount +¥28.6 billion, Factors Income Taxes / Amount -¥44.7 billion
Key KPIsIndicator name ROE (TSE standards) / Value 9.2 % / Year on year against the same period last year +1.4 percentage points, Indicator name OHR / Value 57.5 % / Year on year against the same period last year -6.6 percentage points, Indicator name Average loan balance / Value ¥45.34 trillion / Year on year against the same period last year +4.76%, Indicator name Loan yield / Value 1.16 % / Year on year against the same period last year +0.27 percentage points, Indicator name Average deposit and NCD balance / Value ¥62.86 trillion / Year on year against the same period last year -0.23%, Indicator name CET1 ratio (fully implemented, excluding valuation differences on other securities) / Value 10.08 % / Year on year against the same period last year -0.10 percentage points
Unit price and quantity metricsIndicator name Average loan balance / Value ¥45.34 trillion / Year on year against the same period last year +4.76%, Indicator name Loan yield / Value 1.16 % / Year on year against the same period last year +0.27 percentage points, Indicator name Originations of owner-occupied home loans / Value ¥1.53 trillion / Year on year against the same period last year +19.8%
Assumptions Underlying the Business OutlookAssumptions Policy rate (April–December 2026) / Value 0.75 %, Assumptions Policy rate (January 2027 onward) / Value 1 %
Medium-term management plan targetsTarget fiscal year Fiscal year ending March 2029 / Profit attributable to owners of the parent ¥390.0 billion / ROE 12% (assuming a 1.0% policy rate), 14% (assuming a 1.5% policy rate)
Financial targetsROE 10.0% for the fiscal year ending March 2027, 12% or 14% for the fiscal year ending March 2029 / CET1 ratio Not disclosed
Annual DividendAnnual dividend per share ¥37.0 per share / Interim Dividend ¥18.5 / Year-end dividend ¥18.5
Payout ratioTotal payout ratio target of at least 50%; DOE target of approximately 3.5% for FY2029
Acquisition of treasury sharesBuyback limit Up to ¥35.0 billion / Number of Shares Not disclosed / Period Not disclosed
New initiativesBuilding a regional value-circulation BaaS and payments model through a capital and business alliance with JR West, Increasing investment in IT and human capital, Raising the total payout ratio target to at least 50%, Raising the DOE target for FY2029 to approximately 3.5%, Establishing a share repurchase authorization of up to ¥35.0 billion
Items this document does not state (14)
Net SalesOperating profitOrdinary incomeGross Profit MarginOperating profit marginResults for the three months of the current quarterSegment resultsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookCapital 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.

Higher domestic deposit and lending income, increases in loan balances and lending yields, higher interest income on deposits with the Bank of Japan and yen-denominated bonds, and higher gains on stocks and other securities pushed up profit. On the other hand, SG&A expenses, equity-method investment gains (losses), credit costs, and income taxes and other taxes weighed on profit.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Key Financial Highlights for the Fiscal Year Ending March 2026 | Resona Holdings, Inc. (8308) timely disclosure | Komori