Iyogin Holdings (5830) Q2 2026 earnings summary

Executive summary

• Achieved record-high interim net income for 1H FY25, with profit attributable to owners of parent at ¥43.2 billion, up 44.4% year-over-year, driven by strong core business gross profit and reduced expenses.

• Consolidated ordinary income rose 13.5% year-over-year to ¥138.0 billion, with ordinary profit up 28.6% to ¥55.2 billion.

• Enhanced shareholder returns through increased dividends and a treasury stock purchase program.

• Extraordinary income included a ¥6.0 billion settlement related to advanced core systems, boosting net results.

Financial highlights

• Consolidated core business gross profit rose 19.9% year-over-year to ¥63.8 billion, with net income up 44.4% to ¥43.2 billion.

• Net interest and dividend income increased by ¥7.4 billion year-over-year, mainly from loan growth and improved yield differences.

• Expenses decreased by 6.6% year-over-year, primarily due to lower nonpersonnel costs, with a reduction of ¥2.3 billion.

• Comprehensive income surged 69.6% year-over-year to ¥58.4 billion.

• Total assets grew to ¥9,353.9 billion, up ¥152.3 billion from March 2025; net assets rose to ¥850.1 billion.

Outlook and guidance

• Full-year forecast revised upward: profit attributable to owners of parent forecasted at ¥66.0 billion (+23.8%), ordinary income at ¥242.0 billion (+4.4%), and ordinary profit at ¥88.5 billion (+18.0%).

• Core business gross profit expected to reach ¥125.0 billion for FY25, up ¥15.7 billion year-over-year.

• Annual dividend per share forecast at ¥60, with interim and year-end dividends of ¥30 each.

• Planned treasury stock purchase of up to ¥7.0 billion.

• Total payout ratio targeted at 50% or higher by FY26, with continued focus on capital efficiency.