Suruga Bank Ltd.
Notice Concerning Revision of Earnings Forecasts and Revision of Dividend Forecast (Dividend Increase)
Revised up consolidated and non-consolidated earnings forecasts for the fiscal year ending March 2027; ordinary income, interim net income attributable to owners of parent, and earnings per share were revised upward. Both interim and full-year upside factors cited are improvement in core gross profit from operations and an effective reduction in credit costs. Dividend forecast increased to 80 yen per year.
Key Figures
- Ordinary Income (Consolidated): 56,000 million yen
- Interim Net Income (Consolidated): 44,000 million yen
- Interim Earnings Per Share: 262.01 yen
- Annual Dividend: 80 yen
AI要約
Overview of Revisions to Earnings Forecasts
For the cumulative second quarter of the fiscal year ending March 2027, non-consolidated performance is expected to exceed previous forecasts as new loan originations in the core lending business and the impact of rising interest rates have progressed smoothly. Consolidated and full-year earnings forecasts have also been revised upward, and net income is expected to be revised upward as a result of assuming a lower effective tax rate.
Shareholder Returns and Outlook
The dividend forecast has been increased to 80 yen per year (interim 40 yen, year-end 40 yen). Under a shareholder return policy that takes ROE and the capital adequacy ratio into account, we emphasize a balance between growth investment and stable dividends. While maintaining financial soundness, the company indicates it may consider additional returns depending on future performance trends.
Suruga Bank Ltd.
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