Kyoto Financial Group (5844) Q2 2026 earnings summary

Executive summary

• Six-month net income attributable to owners of parent rose to JPY 26.9bn and ordinary profit to JPY 37.5bn, continuing record highs for the fifth consecutive year.

• Higher loan interest income and gains on securities supported earnings growth.

Financial highlights

• Ordinary income rose 27.4% YoY to JPY 105.5bn; ordinary profit increased 26.2% to JPY 37.5bn and net income attributable to owners of parent rose 26.4% to JPY 26.9bn.

• Net income per share was JPY 93.70, up from JPY 72.72 a year earlier.

• Comprehensive income was JPY 182.9bn, compared with a JPY 49.6bn loss in the prior year.

• Total assets were JPY 12,155.8bn and total net assets were JPY 1,245.1bn at September 30, 2025.

• Equity-to-asset ratio improved to 10.2% from 8.9% at the previous fiscal year-end.

Outlook and guidance

• FY2025 net income forecast was raised by JPY 5.0bn to JPY 45.0bn; ordinary profit is forecast at JPY 63.5bn.

• FY2025 net income per share is forecast at JPY 157.96.

• Full-year dividend forecast increased to JPY 80 per share, comprising interim and year-end dividends of JPY 40 each.

• The second medium-term plan targets ROE of 5% and net income of JPY 60bn by March 2029, with ROE of at least 8% targeted in the first half of the 2030s.

• March 2029 targets include deposits of JPY 11tn and loans of JPY 9tn.