Akita Bank profit jumps 41.5% as it disposes treasury shares

Akita Bank will dispose of 35,500 treasury shares for JPY 113,955,000 on August 19, 2025, as part of a performance-linked stock compensation plan for directors.

The bank reported profit attributable to owners jumped 41.5% year-on-year to JPY 2,388 million for the three months ended June 30, 2025. Ordinary profit reached JPY 3,071 million.

For the fiscal year ending March 2026, Akita Bank forecasts ordinary profit of JPY 9,800 million and profit attributable to owners of JPY 6,500 million.