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Revision of earnings forecasts8366THE SHIGA BANK,LTD.Banks

Notice Regarding Upward Revisions to Financial Targets under the "8th Medium-Term Management Plan"

The consolidated ROE target for March 2029 has been raised from the previous target of 6% or higher to 8% or higher. The target of 8% or higher, previously positioned as a long-term challenge target, has been repositioned as a financial indicator to be achieved in the final year of the Medium-Term Management Plan.

Worth reading
38Recurring
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
2
ROE target (percentage points)
Wording
Conditional
How definitive the wording is.

Revised forecast

Fiscal year ending March 2029 · Full year (final year of the Medium-Term Management Plan)
Reason for the revision

Various initiatives under the Medium-Term Management Plan have steadily produced results, and the improvement in earnings capacity is progressing at a faster pace than expected. Following a review that also took into account changes in the external environment, the Company determined that it had moved to the stage of targeting achievement, within the plan period, of the level of profitability it had previously set as a long-term challenge.

Previous-period resultsConsolidated ROE: 4.46% (actual results for the fiscal year ended March 2026)
Consolidated / non-consolidatedConsolidated
Revised forecast
ItemDetails
Fiscal Period CoveredFiscal year ending March 2029
Period CoveredFull year (final year of the Medium-Term Management Plan)
Previous-period resultsConsolidated ROE: 4.46% (actual results for the fiscal year ended March 2026)
Reason for the revisionVarious initiatives under the Medium-Term Management Plan have steadily produced results, and the improvement in earnings capacity is progressing at a faster pace than expected. Following a review that also took into account changes in the external environment, the Company determined that it had moved to the stage of targeting achievement, within the plan period, of the level of profitability it had previously set as a long-term challenge.
Consolidated / non-consolidatedConsolidated
Items this document does not state (8)
Net SalesOperating profitOrdinary incomeProfit attributable to owners of the parentNet income per sharePublication date of previous forecastDetails and amount of extraordinary lossDividend forecast revision

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.

Various initiatives under the Medium-Term Management Plan have produced results, and the improvement in earnings capacity is progressing at a faster pace than expected. Following a review that also took into account changes in the external environment, the Company determined that it had moved to the stage of targeting, within the plan period, the level of profitability it had previously set as a long-term challenge.

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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.
Notice Regarding Upward Revisions to Financial Targets under the "8th Medium-Term Management Plan" | THE SHIGA BANK,LTD. (8366) timely disclosure | Komori