Awa Bank raises dividends, enhances shareholder benefits after strong performance

Awa Bank is revising its management targets for the "Growing beyond 130th" plan for FY2027 due to better-than-expected performance, with profit for FY2024 reaching 13.1 bn yen, exceeding the original 12.0 bn yen target. Revised targets include a lower Adjusted OHR of less than 57%, core business net profit of 18.0 bn yen or more, ROA of 0.55% or more, and Profit ROE of 5.00% or more. The shareholder return ratio and ESG investment and financing balance remain at 40% or more and 300.0 bn yen or more, respectively.

In addition, Awa Bank is enhancing its shareholder benefit program, effective March 31, 2026, to attract investors and encourage long-term shareholding. Shareholders with 200 shares or more will receive gift catalog items of increased monetary value: 5,000 yen for 200 to less than 1,000 shares (up from 3,000 yen) and 10,000 yen for 1,000 shares or more (up from 6,000 yen). The benefit for 100 to less than 200 shares remains an indigo specialty product.

Reflecting strong performance and its shareholder return policy, the bank will increase its interim dividend for FY2026 to 60.00 yen per share (up from 50.00 yen forecast on May 9, 2025). The year-end dividend forecast for FY2026 is also raised to 60.00 yen per share, resulting in an annual dividend of 120.00 yen per share. The bank aims for a shareholder return ratio of 40% or more of profit attributable to owners of parent.