Okinawa Financial Group, Inc.
Okinawa Financial Group, Inc. (7350) Financial Summary for the 3rd Quarter of the Fiscal Year Ending March 2026
Consolidated ordinary income for the 3rd quarter of the fiscal year ending March 2026 was JPY 51,573 million, an increase of JPY 8,711 million year-over-year (YoY). Ordinary profit was JPY 12,083 million, up JPY 4,076 million YoY, and net income attributable to owners of the parent for the quarter stood at JPY 8,232 million, an increase of JPY 2,790 million YoY.
Key Figures
- Ordinary Income: JPY 51,573 million (Increase of JPY 8,711 million YoY)
- Ordinary Profit: JPY 12,083 million (Increase of JPY 4,076 million YoY)
- Net Income Attributable to Owners of Parent for the Quarter: JPY 8,232 million (Increase of JPY 2,790 million YoY)
AI要約
Overview of Performance
Consolidated ordinary income for the 3rd quarter of the fiscal year ending March 2026 was JPY 51,573 million, up JPY 8,711 million year-over-year. This increase was mainly driven by higher loan interest income and interest and dividend income from securities, resulting from rising loan interest rates and expansion of the local economy. Consolidated gross business profit reached JPY 29,998 million, up JPY 3,933 million YoY; ordinary profit was JPY 12,083 million, an increase of JPY 4,076 million YoY. Net income attributable to owners of the parent for the quarter was JPY 8,232 million, an increase of JPY 2,790 million YoY.
Assets, Loan Status, and Risk Management
Okinawa Bank’s standalone loan balance was JPY 1,992.1 billion, up JPY 103 billion year-over-year, supported by increased funding demand from local businesses, expanded systems, and strengthened sales promotion, which drove growth in business loans and community-based consumer loans. Deposit balance stood at JPY 2,702.9 billion, down JPY 19.1 billion YoY; however, both individual and corporate deposits trend upwards. Total disclosed claims under the Financial Reconstruction Act basis amounted to JPY 28.9 billion, a decrease of JPY 0.4 billion from the previous fiscal year-end, with the disclosed claim ratio falling to 1.45%. Appropriate provisions and write-offs are being implemented to maintain loan soundness.
Securities Valuation Gains/Losses and Fee Business Trends
Equity valuation gains improved due to a favorable stock market, while domestic bond valuation losses worsened amid rising domestic interest rates. Assets under custody totaled JPY 383.5 billion, increasing JPY 70.1 billion year-over-year, reflecting success in product and service offerings responding to increased asset management demand and inflation hedging needs. Cashless-related products saw growth in membership and transaction volume, and expansion of non-face-to-face channels is progressing steadily.
