Yamaguchi Financial Group (8418) Q3 2026 earnings summary

Executive summary

• Ordinary income rose 15.8% year-over-year to ¥183,910 million for the nine months ended December 31, 2025, with profit attributable to owners of parent up 14.5% to ¥28,831 million.

• Comprehensive income surged to ¥75,686 million from a loss of ¥725 million in the prior year, driven by a sharp recovery in valuation differences on securities.

• Ordinary profit declined slightly by 2.7% year-over-year to ¥37,439 million, despite higher income, due to increased expenses.

Financial highlights

• Net interest income decreased by ¥2,573 million year-over-year to ¥86,508 million, while interest on loans and discounts increased by ¥5,510 million.

• Net fees and commissions fell by ¥1,261 million to ¥12,791 million.

• Net business profit before provision for loan losses dropped by ¥13,245 million to ¥20,404 million.

• Non-performing loan ratio improved to 1.56% from 1.71% a year earlier.

• Basic earnings per share increased to ¥136.74 from ¥117.15 year-over-year.

Outlook and guidance

• Full-year ordinary profit is forecast at ¥45,000 million, down 14.2% year-over-year.

• Profit attributable to owners of parent is projected at ¥31,500 million, a 10.9% decrease year-over-year, with basic EPS expected at ¥149.61.

• Annual dividend forecast raised to ¥64.00 per share.