Iyogin Holdings (5830) investor relations material

Executive summary

• First-half ordinary income rose 15.0% YoY to ¥158.7bn and ordinary profit rose 21.3% to ¥67.0bn; profit attributable to owners of parent reached a record ¥46.7bn, up 8.0%.

• Higher loan interest income and gains on stock sales supported results; bond-sale losses and weaker securities valuation reduced comprehensive income to ¥30.2bn, down 48.3%.

Financial highlights

• Consolidated core business gross profit was ¥75.8bn, up 18.8%; core business net income was ¥42.2bn, up 32.9%, with net interest and dividend income up ¥11.6bn to ¥63.4bn.

• Ordinary expenses rose ¥8.9bn YoY to ¥91.7bn, mainly from higher bond-sale losses; ordinary profit increased ¥11.8bn to ¥67.0bn.

• Profit attributable to owners of parent was ¥46.7bn, up 8.0%; basic EPS was ¥162.78 versus ¥147.27 in the prior-year half.

• Securities results included a ¥15.7bn loss on bonds, including JGBs, and ¥39.5bn gains on stocks; the prior-year half included ¥6.0bn settlement income, versus none in the current period.

Outlook and guidance

• FY2027 forecast: ordinary income ¥298.0bn (+12.0% YoY), ordinary profit ¥115.5bn (+16.4%), profit attributable to owners of parent ¥80.0bn (+7.7%) and basic EPS ¥281.17; the forecast was revised.

• FY2027 annual dividend forecast is ¥80 per share, comprising ¥40 interim and ¥40 year-end, up ¥20 from the prior fiscal year; no dividend forecast revision was reported.

• Forecasts rely on currently available information and assumptions; actual results may differ materially with future conditions.