Fiscal Year Ending March 2027 Second Quarter Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

The Miyazaki Bank, Ltd. achieved consolidated ordinary income of 55,036 million yen, ordinary profit of 11,563 million yen, and interim net income attributable to owners of parent of 8,203 million yen for the second quarter (cumulative) of the fiscal year ending March 2027. All of ordinary income, ordinary profit, and interim net income increased compared with the same period of the previous year. The financial summary revises the FY2027 full-year forecast upward to ordinary income of 105,500 million yen, ordinary profit of 24,500 million yen, and net income of 17,000 million yen. Dividends are assumed at 35 yen interim and 35 yen year-end (total 70 yen), and per-share indicators have been listed adjusted for the impact of a stock split. The consolidated capital adequacy ratio remains low at 5.8% but shows stable trends.

Outlook and Shareholder Returns

Based on interim results, the full-year forecast has been revised upward. The bank expects record-high levels for ordinary income, ordinary profit, and net income, and will continue stable capital policies. Dividends are targeted at 70 yen per year to maintain shareholder returns. Although improving the capital adequacy ratio remains a challenge under the medium-term plan, the bank aims to improve ROE through stable loan expansion as a regional financial institution and more efficient asset management.