Okinawa Financial Group, Ltd. First Quarter Financial Summary

Performance overview

For the cumulative first quarter, ordinary income was 19,855 million yen, ordinary profit 5,312 million yen, and net income attributable to owners of the parent for the quarter was 3,610 million yen, maintaining a profit-taking trend versus the same period last year. The primary drivers were higher loan yields and increased fund demand, leading to higher fund operation income, increased interest income on marketable securities, and top-line growth across group companies. Operating expenses rose due to higher price levels, but profits were supported by improved gains on equity-related items. There is no change to the second quarter and full-year earnings forecasts as announced in May 2026.

Impact on shareholders and outlook

Consolidated financial position shows total assets of 3,105,389 million yen and net assets of 165,179 million yen, both improving. Balances of deposits and loans are on an increasing trend, contributed by the expansion of non-face-to-face channels and capturing demand for public funds deposits. Going forward, in light of rising interest rates and regional economic trends, the plan is to stabilize interest income. Additionally, as an equity-method affiliate, First Soei Co., Ltd. has been added as a strategic collaboration target to expand business domains.