Daishi Hokuetsu Financial Group lifts earnings and dividend forecasts
Daishi Hokuetsu Financial Group, Inc. announced an upward revision to its consolidated earnings forecasts for both the second quarter cumulative period and the full fiscal year ending March 2026. For the second quarter, ordinary profit is now projected at 31,000 million yen, a 32.4% increase from the previous forecast of 23,400 million yen. Profit attributable to owners of parent is also revised up by 36.6% to 22,000 million yen from 16,100 million yen.
For the full fiscal year, ordinary profit is now expected to reach 52,300 million yen, an 8.9% increase over the prior forecast of 48,000 million yen. Profit attributable to owners of parent is also raised by 9.0% to 36,000 million yen from 33,000 million yen. The company attributes this robust performance to interest margin exceeding initial expectations, stemming from a steady increase in business loans and enhanced interest income from securities.
In line with the improved earnings, Daishi Hokuetsu Financial Group also announced an increase in its dividend forecast for the fiscal year ending March 2026. The interim dividend is raised from 75 yen per share to 81 yen per share. The year-end dividend, adjusted for a planned 3-for-1 stock split on October 1, 2025, will be 27 yen per share, an increase of 2 yen from the previous 25 yen. This adjustment results in a dividend payout ratio of 40.1% for the fiscal year.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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