Hokuhoku financial group to cancel shares after strong interim results, raises dividend

Hokuhoku Financial Group, Inc. announced a resolution by its board of directors on November 10, 2025, to cancel 1,250,000 common shares, representing 1.01% of its total outstanding shares before cancellation. The scheduled cancellation date is December 30, 2025, which will reduce the total number of outstanding shares to 122,208,714.

The share cancellation follows strong consolidated financial results for the six months ended September 30, 2025. The company reported a 28.2% increase in ordinary income to 127,175 million yen and a 63.5% rise in ordinary profits to 41,769 million yen, compared to the same period last year. Net income attributable to owners of the parent significantly increased by 63.3% to 30,385 million yen.

In light of the strong performance and an upward revision to the full-year earnings forecast, the annual dividend forecast for common stock has been raised from 70 yen to 90 yen per share.