The Hyakugo Bank (8368) Q1 2025 earnings summary

Executive summary

• Ordinary income for Q1 FY2025 was ¥28,959 million, down 4.2% year-over-year due to a decrease in gains from stock sales and other ordinary income.

• Ordinary profit increased by ¥275 million to ¥7,265 million, mainly due to a reduction in losses from bond sales.

• Net income attributable to shareholders rose 6.0% year-over-year to ¥5,392 million.

• Comprehensive income dropped significantly to -¥16,705 million, mainly due to valuation losses on securities.

Financial highlights

• Ordinary income: ¥28,959 million (down 4.2% YoY).

• Ordinary profit: ¥7,265 million (up 3.9% YoY).

• Net income: ¥5,392 million (up 6.0% YoY).

• EPS: ¥21.58 (up from ¥20.06 YoY).

• Comprehensive income: -¥16,705 million (down from ¥33,011 million YoY).

Outlook and guidance

• Full-year ordinary profit forecast: ¥22,200 million (up 10.7% YoY).

• Full-year net income forecast: ¥15,600 million (up 9.2% YoY).

• No revision to previously announced earnings or dividend forecasts.