#TheYamagataBank

The subsidiary, Yamagata Capital Co., Ltd. (capital of 100 million yen, net assets of 258 million yen), was resolved to be dissolved as of March 30, 2026, with liquidation expected to complete in June. The impact on financial performance is expected to be minor.

At the end of Q3 for the fiscal year ending March 2026, the capital adequacy ratio was 10.21% on a consolidated basis and 9.69% on a non-consolidated basis, each down 0.06% from the previous quarter.

On February 12, 2026, share buyback of 449,100 shares was completed at a purchase price of ¥1,199,995,200 (1.43% of total issued shares), concluding the acquisition based on the Board of Directors resolution.

The Yamagata Bank, Ltd. plans to conduct a share buyback of up to 449,100 shares totaling up to JPY 1,200,000,000 through the Tokyo Stock Exchange’s ToSTNeT-3 on February 12, 2026.

For Q3 of the fiscal year ending March 2026, ordinary income totaled 45,249 million yen (up 16.9% YoY), ordinary profit was 5,749 million yen (up 15.5% YoY), and quarterly net income attributable to owners of parent was 4,096 million yen (up 19.7% YoY). Full-year earnings guidance and dividend forecasts were revised upward.

For the fiscal year ending March 2026, consolidated ordinary income is upwardly revised to 618 billion yen (8.2% increase from previous forecast), ordinary profit to 8.5 billion yen (10.4% increase), and net income attributable to owners of parent to 6 billion yen (20.0% increase). The annual dividend forecast is also increased to 78 yen per share.

The Yamagata Bank, Ltd. has resolved to acquire treasury stock with a maximum of 560,000 shares and a total amount of 1.2 billion yen from February 10 to 20, 2026, aiming to enhance capital efficiency and shareholder returns.