FY2027 fiscal year ending March: approximately one-third of full-year earnings forecast reached by Q1

FY2027-Q1 ordinary income was ¥39.9 billion, ordinary profit was ¥9,176 million and quarterly net income attributable to owners of the parent was ¥6,315 million. Year on year, ordinary income increased 74.2%, ordinary profit increased 57.9% and quarterly net income increased 53.6%, representing substantial increases in revenue and profit on the surface. The full-year forecasts are ordinary profit of ¥27.9 billion and net income attributable to owners of the parent of ¥19.0 billion, giving simple progress rates of 32.9% and 33.2%, respectively.

For comparison, FY2026-H1 ordinary profit was ¥13,222 million and interim net income attributable to owners of the parent was ¥9,160 million, while FY2026 ordinary profit was ¥22,452 million and final profit was ¥15,912 million. Since FY2027-Q1 net income alone equals approximately 69% of the previous year's interim net income, one benchmark for measuring progress at the next interim results will be whether cumulative first-half ordinary profit exceeds ¥13,950 million and net income exceeds ¥9.5 billion, the 50% levels of the full-year forecasts. However, quarterly results in banking can fluctuate significantly depending on the timing of bond and stock sales, so it would be premature to judge whether the full-year targets will be achieved based solely on reaching 50%.

No revisions to the earnings forecasts were identified in FY2027-Q1, and the full-year forecasts of ¥27.9 billion in ordinary profit and ¥19.0 billion in net income remain unchanged. In banking companies' condensed quarterly filings, sales and operating profit are not disclosed in the same manner as for ordinary operating companies, and no cash flow statement has been prepared for the current quarter. At the next results announcement, it will be necessary to review the breakdown of ordinary income, including funds investment income, fees and commissions income, and gains on sales of stocks and other securities, as well as the extent to which deposit interest, personnel expenses and system-related property expenses have increased.