The Hyakugo Bank (8368) Q2 2027 earnings summary

Executive summary

• Consolidated ordinary income was ¥106.35bn (+45.8% YoY), ordinary profit ¥21.35bn (+51.6%), and net profit attributable to owners of the parent ¥14.994bn (+47.4%).

• Higher loan and securities interest income and equity-sale gains supported earnings; bond-sale losses increased expenses, while comprehensive income fell to ¥5.254bn from ¥50.158bn.

Financial highlights

• Consolidated interest income rose to ¥59.779bn from ¥48.269bn; other income increased to ¥27.185bn from ¥5.841bn, including higher equity-security sale gains.

• Non-consolidated core net operating income was ¥22.767bn (+¥5.276bn YoY); excluding gains and losses from cancellation of investment trusts, it was ¥21.457bn (+¥4.182bn).

• Non-consolidated ordinary profit reached ¥20.467bn (+48.7% YoY) and net income ¥14.395bn (+41.9%).

Outlook and guidance

• FY ending March 2027 consolidated forecasts were revised to ordinary profit of ¥44.6bn (+20.4% YoY) and parent-attributable net income of ¥31.0bn (+15.5%); increases of 8.3% and 7.3% versus prior forecasts.

• Non-consolidated FY forecasts are ordinary profit of ¥43.0bn (+21.7%) and net income of ¥30.0bn (+16.1%); core net operating income forecast is ¥44.0bn, up 23.6% versus the prior forecast.

• Forecast revisions reflect expected higher interest income.