Results and policies were announced in the afternoon by 第一ライフＧ, トモニＨＤ, 日阪製, 名銀, 北越コーポ and サワイＧＨＤ, covering developments in earnings, dividends and share buybacks.
第一ライフグループ reported consolidated net profit of ¥283.8 billion for the first half of the fiscal year ending March 2027, up 39.7% year on year, but below the market consensus of ¥289.4 billion, causing the stock to turn lower in the afternoon session. Improved gains on securities sales in its domestic life insurance business and expanded gains on bond holdings following the replacement of yen-denominated bonds contributed to group adjusted profit of ¥307.7 billion, up 33%. The full-year net profit forecast was left unchanged at ¥513.0 billion, up 17.5%.
トモニホールディングス revised its full-year net profit forecast upward from ¥17.85 billion to ¥18.40 billion, up 13.8% year on year. Although an amount to offset a shortfall in the outlook for securities gains and losses will arise in the second half, the upward revision was maintained because of upside in net interest income. The interim dividend was raised from ¥15 to ¥15.5, the year-end dividend from ¥15 to ¥15.5, and the full-year dividend forecast from ¥30 to ¥31.
日阪製作所 revised its full-year net profit forecast for the fiscal year ending March 2027 upward from ¥2.41 billion to ¥3.50 billion, up 1.5% from the previous fiscal year, and expects to record an extraordinary gain from a review of its investment securities. First-half profit was ¥1.35 billion, down year on year. Although improved profit margins in the heat exchangers and valves businesses contributed, higher personnel and depreciation expenses and lower revenue weighed on results.
名古屋銀行 revised its full-year net profit forecast for the fiscal year ending March 2027 upward from ¥23.00 billion to ¥27.20 billion, up 34.2%, incorporating upside in net interest income and a gain on the return of a retirement benefit trust. First-half net profit for the fiscal year ending March 2027 was ¥13.50 billion, up 47.6%. The interim dividend was raised from ¥100 to ¥110, the year-end dividend from ¥100 to ¥120, and the full-year dividend forecast from ¥200 to ¥230.
北越コーポレーション reported a consolidated operating loss of ¥1.44 billion for the first half of the fiscal year ending March 2027, compared with operating profit of ¥2.02 billion in the previous fiscal year, exceeding the previously forecast loss of ¥1.00 billion. A decline in sales volumes of export paper reduced revenue, while lower efficiency also had an impact. The full-year operating profit forecast was left unchanged at ¥3.00 billion, down 60.2% from the previous fiscal year.
サワイグループホールディングス reported IFRS net profit of ¥4.93 billion for the first half of the fiscal year ending March 2027, down 15.7% year on year. Revenue rose 3.2%, but core operating profit declined as research and development expenses and selling, general and administrative expenses increased. A loss on the sale of shares in an affiliated company related to the transfer of the US business widened to ¥960 million, weighing on net profit.