FY2026 Q2 Earnings Highlights

Overview of Results

Consolidated results for the current FY2026 Q2 posted operating income of 1,871 hundred million yen and net income attributable to owners of parent for the quarter of 1,291 hundred million yen, both recording substantial year-over-year increases and reaching record highs. By segment, significant increases in capital gains from overseas operations and rent revisions and new leasing in Marunouchi and commercial real estate contributed. The full-year forecast was revised upward reflecting profit growth in overseas operations and gains on sales of policy holdings, with expected operating income of 3,800 hundred million yen, net income attributable to owners of parent of 2,450 hundred million yen, and ROE exceeding 9%. The previously announced share buyback of 50,000 million yen was completed, and additional acquisitions will be considered flexibly.

Outlook and Shareholder Returns

With the upward revision to the full-year forecast, ROE is expected to exceed 9%, strengthening the sustainability of investor returns. In addition to completing the initially planned 50,000 million yen share buyback, the Company indicated it will consider additional repurchases proactively. If segment-level strength continues, the likelihood of achieving full-year targets is expected to increase.