Fidea Holdings raised its consolidated earnings forecast for the six months ending September 2026 and now forecasts interim net profit of ¥2.9 billion. This is a substantial increase from the previously announced ¥1.3 billion, representing expected growth of approximately 52% year on year.
Fidea Holdings raised its consolidated earnings forecast for the six months ending September 2026. Interim net profit is expected to increase from the previously announced ¥1.3 billion to ¥2.9 billion, marking a return to profit growth.
The increase in funds-related income is cited as a factor, with higher interest and dividend income on securities and higher net fees and commissions expected to result in profit exceeding the plan. In addition, credit-related expenses are expected to come in below plan due to a decline in the provision for loan losses.
The full-year earnings forecast for the fiscal year ending March 2027 has not been revised at this point, due in part to higher one-time expenses associated with the merger of its subsidiary banks.
These outlook figures are based on an article available to members only, and the information is presented as a summary of the official announcement.