The Hyakugo Bank (8368) Q4 2026 earnings summary

Executive summary

• Net income attributable to parent increased 48.8% year-over-year for the fiscal year ended March 2026, marking a second consecutive record high.

• Ordinary income rose 30.4% year-over-year to ¥162,399 million, driven by higher interest income and gains on equity securities sales.

• Ordinary profit increased 44.1% to ¥37,032 million, and profit attributable to owners of parent grew 48.8% to ¥26,839 million.

• Comprehensive income surged to ¥89,786 million from a loss the prior year, reflecting improved securities valuations and pension remeasurements.

• Forecasts for the fiscal year ending March 2027 expect both consolidated and non-consolidated net income to reach record highs for a third consecutive year, with annual dividends planned to increase by ¥8, continuing a seven-year streak of dividend hikes.

Financial highlights

• Consolidated net income for FY2026 was ¥26.8 billion, up ¥8.7 billion from the previous year.

• Core business profit rose by ¥11.1 billion year-over-year, driven by increased gains from securities and funding profits.

• Funding profit increased 16.8% year-over-year due to higher interest income from loans and securities.

• Total assets expanded to ¥7,630,605 million, up from ¥7,433,220 million year-over-year.

• Loans outstanding increased 2.5% year-over-year, led by growth in housing loans in Aichi Prefecture.

Outlook and guidance

• FY2027 forecast projects consolidated net income of ¥28.9 billion, a ¥2.0 billion increase year-over-year.

• Consolidated ordinary profit is forecast at ¥41.2 billion (+11.3% YoY), and profit attributable to owners of parent at ¥28.9 billion (+7.7% YoY).

• Dividend per share is expected to rise to ¥42.00 for FY2027.

• Funding profit is expected to decrease due to the absence of one-time gains from securities.