Jimoto Holdings returns to profitability, improves capital adequacy

Jimoto Holdings, alongside its subsidiary banks, has affirmed its commitment to supporting local SMEs and regional revitalization. The company reported a consolidated ordinary income increase of JPY 331 million to JPY 38,274 million, driven by higher lending interest income. Consolidated ordinary expenses significantly decreased by JPY 24,128 million to JPY 36,143 million, primarily due to a reduction in credit-related expenses and bond redemption losses at Kirayaka Bank. This resulted in a consolidated ordinary profit of JPY 21,300 million and a net profit attributable to parent company shareholders of JPY 15,630 million.

Kirayaka Bank, which posted a net loss of JPY 24,400 million in the prior fiscal year, successfully returned to profitability, reporting a net income of JPY 5,000 million for the fiscal year ending March 2025. This had necessitated a 13-year extension for the repayment of JPY 20,000 million in public funds. The group's consolidated capital adequacy ratio improved to 8.04%, up 0.42% from the previous fiscal year-end, while Kirayaka Bank's standalone ratio reached 8.49% and Sendai Bank's 7.81%. Jimoto Holdings plans to maintain an annual dividend of JPY 5 for common shares in the fiscal years ending March 2025 and 2026.