Aozora Bank (8304) Q3 2025 earnings summary

Executive summary

• Net revenue reached 62.7 billion yen, up year-on-year, with a 75% progress rate toward the full-year forecast.

• Profit attributable to owners of parent was 16.2 billion yen, a turnaround from a loss last year, achieving 90% of the full-year target.

• Ordinary profit reached 13.2 billion yen, reversing a prior-year loss of 24.8 billion yen.

• Comprehensive income was 14.6 billion yen, reversing a loss of 23.6 billion yen year-on-year.

• Net interest income grew by 6.4 billion yen year-on-year, mainly from domestic ALM operations and higher yen interest rates.

Financial highlights

• Net revenue for 1-3Q FY2024 was 62.7 billion yen, up 3.4% year-on-year.

• Business-related profit rose to 21.0 billion yen, up 2.2 billion yen year-on-year.

• Credit-related expenses dropped significantly to -7.3 billion yen from -42.9 billion yen in the prior year.

• Net assets increased to 455.3 billion yen as of December 31, 2024, up from 391.1 billion yen at March 31, 2024.

• Dividend forecast for FY2024 is maintained at 76 yen per common share.

Outlook and guidance

• Full-year FY2024 forecast: ordinary profit of 24.0 billion yen and profit attributable to owners of parent of 18.0 billion yen.

• No revision to previously announced earnings or dividend forecasts.

• Progress rates toward full-year targets are high: 75% for net revenue, 85% for business-related profit, and 90% for profit attributable to owners.