Shikoku Bank hikes dividend, upgrades full-year forecasts on strong performance

Shikoku Bank, Ltd. resolved on November 10, 2025, to increase its interim dividend for the fiscal year ending March 31, 2026 (FY2026) to ¥28.00 per share, an increase of ¥3.00 from the previous forecast. Concurrently, the year-end dividend forecast for FY2026 has been revised upward by ¥3.00 to ¥28.00 per share, bringing the total annual dividend to ¥56.00 per share, an increase of ¥6.00 year-on-year. The interim dividend will be paid on December 5, 2025.

This decision reflects a comprehensive consideration of shareholder return policy and strong business performance, with the bank targeting a consolidated dividend payout ratio of 30% or more, excluding non-recurring items. The bank also revised its full-year ordinary profit forecast for FY2026 to JPY 12,400 million and profit attributable to owners of parent to JPY 16,100 million, an increase from previous forecasts of JPY 11,400 million and JPY 15,500 million, respectively.

Operating results for the six months ended September 30, 2025, showed a consolidated ordinary income of JPY 29,481 million, up 13.7% from the previous year, and non-consolidated ordinary income of JPY 29,429 million, up 12.1%. This growth was primarily driven by increased interest income from loans and securities, and higher fees and commissions. The bank also reported positive trends in shareholder returns and an improved portfolio.