Fukui Bank revises forecasts upward, increases dividend

The Fukui Bank has reported unrealized losses on held-to-maturity debt securities totaling 4,415 million yen as of the end of the second quarter for the fiscal year ending March 31, 2026. This amount represents 50.7% of the consolidated ordinary profit and 61.6% of the profit attributable to owners of parent for the fiscal year ended March 31, 2025. The book value of these securities is 298,650 million yen, with a market value of 294,235 million yen. The bank noted no unrealized gains on securities for the period, resulting in a net unrealized loss of 4,415 million yen.

Despite these unrealized losses, The Fukui Bank has revised its consolidated financial results forecast upward for the first six months of the fiscal year ending March 31, 2026. Ordinary income is now projected to be 4,900 million yen (up from 2,800 million yen), and net income attributable to owners of parent is expected to be 2,300 million yen (up from 1,000 million yen). This positive revision is attributed to steady growth in interest income from loans and securities, along with gains from the sale of shares.

Consequently, The Fukui Bank has also increased its annual dividend forecast for the fiscal year ending March 31, 2026, from 58.00 yen to 75.00 yen per share. This includes an interim dividend of 29.00 yen and a year-end dividend of 46.00 yen, aligning with the bank's shareholder return policy of approximately a 30% dividend payout ratio.