Minami-Nippon Bank’s consolidated results for April–September 2026 showed net income falling 42% year on year to ¥841 million, affected by higher tax expenses and credit-related costs. Core operating profit of the bank on a non-consolidated basis rose to ¥1.4 billion as lending rates increased, while the previous full-year forecast was maintained.
In the consolidated results for April–September 2026 released by Minami-Nippon Bank, net income fell 42% year on year to ¥841 million. Higher tax expenses and credit-related costs were cited as factors.
Interest income on loans increased during the period as interest rates rose, and core operating profit of the bank on a non-consolidated basis, excluding gains and losses on the cancellation of investment trusts, rose 13% from the previous period to ¥1.4 billion.
The forecast for net income for the fiscal year ending March 2027 was maintained at a 46% decline from the previous fiscal year. President Tanaka Akiji (田中 暁爾) said, “Many customers are facing difficult circumstances. We need to raise lending rates, but it is undesirable for that to cause difficulties for customers,” indicating a policy of continuing dialogue with business partners.