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Resona (8308) investor relations material
Resona Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record-high 1Q profit with net income attributable to owners of parent at JPY80.53 bn, up 14.2% year-over-year, and core net operating profit at JPY107.4 bn, up 35.4% year-over-year.
Ordinary income rose 20.0% year-over-year to JPY359.98 bn, with comprehensive income up 43.4% to JPY159.04 bn.
Both net interest income and fee income remained steady, supported by higher loan balances and rates.
Upward revision to full-year earnings target by JPY20.0 bn to JPY330.0 bn, a 27.6% increase year-over-year.
Financial highlights
Gross operating profit rose to JPY217.84 bn, up 12.1% year-over-year.
Net interest income from domestic loans and deposits increased by JPY20.9 bn year-over-year to JPY114.3 bn.
Net income per share increased to JPY35.79, up 16.3% year-over-year.
Total assets grew to JPY77.01 tn as of June 30, 2026, up from JPY76.30 tn at March 31, 2026.
ROE (stockholders' equity) improved to 12.92% from 11.96% year-over-year.
Outlook and guidance
Full-year net income target revised upward to JPY330.0 bn, with net income per share targeted at JPY146.97.
Dividend forecast for FY2026 is JPY37.00 per share, up from JPY29.00 in FY2025.
ROE target revised to 10.7% for FY2026.
Shareholder return ratio forecast at 50.9%, with new share buyback program of JPY50.0 bn.
Management notes ongoing uncertainties in the economic environment and provides earnings targets rather than forecasts.
- Net income up 21.5% YoY, with strong FY2026 outlook, higher dividends, and digital expansion.8308
Q4 2026 - Net income up 31.3% YoY, prompting an upward revision of full-year targets and dividends.8308
Q3 2026 - Net income up 25.1% YoY to JPY142.9 bn, with strong profit growth and higher shareholder returns.8308
Q2 2026 - Net income surged 27.3% year-over-year, with strong loan growth and improved efficiency.8308
Q1 2026 - Net income rose 38.5% YoY, prompting a higher full-year target and increased shareholder returns.8308
Q2 2025 - Net income rose 56.4% YoY to JPY55.3 bn, with ROE up to 9.95%.8308
Q1 2025 - Net income up 48.2% YoY to JPY169.2 bn, with guidance raised and NPL ratio improved.8308
Q3 2025 - Net income up 34.2% YoY to JPY213.3 bn, with higher dividends and robust fee income.8308
Q4 2025
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