#NagoyaBank

Shizuoka Financial Group, Inc. and The Nagoya Bank, Ltd. have signed a basic agreement to pursue business integration through a share exchange targeted for April 1, 2026.

Shizuoka Financial Group, Inc. and The Nagoya Bank, Limited have concluded a basic agreement to carry out business integration through a share exchange targeted for April 1, 2028.

From the end of March 2026, the credit risk measurement method for calculating the capital adequacy ratio will be changed from the "Standardized Approach" to the "Basic Internal Ratings-Based Approach," with approval from the Financial Services Agency, and application will commence.

For the nine months ended March 2026, consolidated ordinary income was JPY 92,943 million (22.3% YoY increase), ordinary profit was JPY 23,197 million (36.3% YoY increase), and quarterly net income attributable to owners of the parent was JPY 17,060 million (40.2% YoY increase).

The consolidated ordinary income for the fiscal year ending March 2026 is revised upward to 122.4 billion yen (8.3% increase from the previous forecast), ordinary income to 26.8 billion yen (23.5% increase), and net income attributable to owners of parent to 19.4 billion yen (27.6% increase).

The unrealized loss on held-to-maturity bonds at the end of the third quarter of the fiscal year ending March 2026 was 6,750 million yen, corresponding to 32.3% of consolidated ordinary income for the fiscal year ending March 2025 and 45.8% of net income attributable to owners of the parent.