First Quarter Earnings Summary for the Fiscal Year Ending March 2027 (Japanese GAAP) (Consolidated)

Overview of results

For the first quarter of the fiscal year ending March 2027, Yokohama Financial Group saw a year-over-year increase in ordinary income driven by improved asset utilization and higher interest and dividends from marketable securities. At the same time, higher funding costs and increased other operating expenses from the sale of yen-denominated bonds weighed on results, but overall ordinary income and net income attributable to owners of parent rose vs. the previous year. Consolidated financial position shows total assets of 25,829,100 million yen and shareholders’ equity of 1,469,600 million yen, with an equity ratio of 5.8%, indicating a stable financial base.

Outlook and dividends

Full-year guidance remains unchanged, with ordinary income of 191,500 million yen, net income attributable to owners of parent of 129,000 million yen, and net income per share of 116.06 yen. There is no interim dividend announced at the end of Q1; the full-year dividend remains projected at 47 yen. As for capital policy, the company emphasizes maintaining capital efficiency while seeking to improve profitability.