Fukuoka Financial Group (8354) Q2 2026 earnings summary

Executive summary

• Consolidated core business profit reached ¥66.6 billion, up ¥7.9 billion year-over-year and ¥3.7 billion above projection, driven by higher domestic net interest income and Minna Bank system sales.

• Consolidated net income was ¥43.6 billion, up ¥4.4 billion year-over-year and ¥3.1 billion above projection, supported by improved securities gains and core business profit.

• Ordinary income for the interim period rose 15.1% year-over-year to ¥258.8 billion, with ordinary profit up 12.9% to ¥62.8 billion.

• Comprehensive income surged to ¥102.4 billion from a loss of ¥2.5 billion in the prior year, driven by improved valuation differences on securities and hedges.

• Gains on securities improved by ¥4.5 billion year-over-year due to the absence of prior-year portfolio restructuring losses.

Financial highlights

• Core gross business profit rose by ¥14.4 billion year-over-year, with domestic net interest income up ¥7.4 billion and non-interest income up ¥5.0 billion.

• Net income per share increased to ¥230.50 from ¥207.23 year-over-year.

• Total assets grew to ¥33.2 trillion from ¥32.3 trillion as of March 31, 2025, and total net assets rose to ¥1.02 trillion.

• Overhead expenses increased by ¥6.6 billion year-over-year, mainly from higher base pay and DX-related investments.

• Unrealized gains on securities (after hedges) improved by ¥84.1 billion from March 2025, reaching ¥64.8 billion.

Outlook and guidance

• Full-year FY2025 projections remain unchanged for consolidated ordinary profit and net income.

• Core business profit projection revised upward by ¥3.9 billion to ¥128.4 billion for the full year.