Yamaguchi Financial Group (8418) Q1 2026 earnings summary

Executive summary

• Ordinary income rose 2.7% year-over-year to ¥56,986 million for the quarter ended June 30, 2025, but ordinary profit declined 16.2% to ¥13,461 million and profit attributable to owners of parent fell 16.0% to ¥9,666 million compared to the same quarter last year.

• Comprehensive income rebounded to ¥19,899 million from a loss of ¥3,075 million a year earlier, driven by improved valuation differences on securities and hedges.

Financial highlights

• Net interest income decreased by ¥8,962 million year-over-year, while net fees and commissions and net trading income also declined.

• Consolidated net business profit before provision for loan losses dropped by ¥2,333 million to ¥11,186 million.

• Total assets stood at ¥12,988,122 million and net assets at ¥634,504 million as of June 30, 2025.

• Basic earnings per share for the quarter was ¥45.81, down from ¥53.12 a year earlier.

Outlook and guidance

• Full-year forecast for fiscal year ending March 31, 2026: ordinary profit of ¥45,000 million (up 14.2% year-over-year), profit attributable to owners of parent of ¥31,500 million (up 10.9%), and basic EPS of ¥149.30.

• Interim dividend forecast raised to ¥32.00 per share, with annual dividend expected at ¥64.00 per share.