Miyazaki Bank raises Q2 FY2026 earnings forecast on improved revenue

Miyazaki Bank announced an upward revision to its consolidated and individual earnings forecasts for the second quarter of the fiscal year ending March 2026, covering the period from April 1 to September 30, 2025. This revision follows recent business performance.

For the consolidated forecast, ordinary profit is now expected to be JPY 9,600 million, an increase of JPY 1,300 million (15.6%) from the previous forecast of JPY 8,300 million. Net profit attributable to parent company shareholders is revised to JPY 6,700 million, up JPY 1,200 million (21.8%) from JPY 5,500 million. Ordinary revenue remains unchanged at JPY 42,200 million.

The individual forecast also shows significant improvements. Ordinary profit is now projected at JPY 9,200 million, a JPY 2,200 million (31.4%) increase from the previous JPY 7,000 million. Net profit is revised to JPY 6,500 million, up JPY 1,700 million (35.4%) from JPY 4,800 million, while ordinary revenue is now JPY 39,100 million, an increase of JPY 1,100 million (2.8%). The revisions are attributed to better-than-expected interest income from loans, dividends from securities, and service transaction revenue, coupled with lower credit-related expenses and general operating costs. The full-year forecast for March 2026 will be announced in early November during the Q2 financial results.