Gunma Bank revises earnings upward, boosts dividend forecast

The Gunma Bank, Ltd. announced on September 25, 2025, a significant upward revision to its earnings projections and dividend forecasts for the fiscal year ending March 31, 2026. Consolidated ordinary profit for the full fiscal year is now projected at JPY 78,000 million, up from JPY 70,000 million, while profit attributable to owners of parent is expected to reach JPY 55,000 million, an increase from JPY 49,000 million. Non-consolidated projections also saw similar increases, with ordinary profit rising to JPY 72,000 million and profit to JPY 51,000 million.

These revisions mark a record high for both consolidated and non-consolidated figures, primarily driven by a steady increase in core net business profit. This growth is attributed to higher interest income from loans and increased interest and dividends from securities within the bank's non-consolidated operations.

In line with the improved performance, the bank has increased its annual dividend forecast for the fiscal year ending March 31, 2026, to JPY 60.00 per share, up from the previous forecast of JPY 50.00. Both interim and year-end dividends are set at JPY 30.00 per share. This represents a JPY 15.00 increase from the prior fiscal year's actual annual dividend of JPY 45.00.