Kyoto Financial Group (5844) Q1 2027 earnings summary

Executive summary

• Ordinary income rose by ¥12.1 billion year-over-year to ¥64.9 billion, driven by higher interest on loans and bills discounted.

• Ordinary profit increased by ¥10.2 billion year-over-year to ¥27.8 billion, and net income attributable to owners of parent rose by ¥7.3 billion to ¥20.3 billion.

• Core gross banking profit grew by ¥7.8 billion year-over-year to ¥43.9 billion, mainly from higher net interest income and fees.

Financial highlights

• Net income per share for the quarter was ¥71.50, up from ¥45.12 year-over-year.

• Comprehensive income reached ¥295.2 billion, a 76.4% increase year-over-year.

• Total assets stood at ¥11,816.7 billion, down ¥8.9 billion from the previous fiscal year-end.

• Net assets increased by ¥247.1 billion to ¥1,383.4 billion compared to March 31, 2026.

• Equity-to-asset ratio improved to 11.7% from 9.6% at the previous fiscal year-end.

Outlook and guidance

• Full-year forecast for net income attributable to owners of parent is ¥52.0 billion, down 46.2% year-over-year.

• No changes to the previously announced earnings forecast for the fiscal year ending March 2027.

• Dividend forecast for the year ending March 2027 is ¥180 per share, with ¥50 at the second quarter and ¥55 at year-end.