Yokohama Financial Group raises forecasts, boosts dividend and announces share buyback

Yokohama Financial Group, Inc. (YFG) today announced a revised consolidated earnings forecast, projecting ordinary profit of 151,000 million yen (up from 145,000 million yen) and profit attributable to owners of parent of 103,000 million yen (up from 95,500 million yen) for the fiscal year ending March 31, 2026. This upward revision is attributed to increased net interest income and net fees and commissions from its banking subsidiaries. Consequently, the year-end dividend forecast has been raised from 17.00 yen to 20.00 yen per share, resulting in an annual dividend of 37.00 yen per share.

In a related move, YFG also announced a share repurchase program for up to 37,000,000 common shares (approximately 3.26% of outstanding shares) worth up to 30,000,000,000 yen, effective from November 14, 2025, to March 31, 2026. This is aimed at enhancing capital efficiency. The company also confirmed that L&F Asset Finance, Ltd., a former subsidiary of Sumitomo Mitsui Trust Bank, Limited, became a subsidiary of YFG on April 1, 2025, contributing to its revenue.