KYUSHU FINANCIAL GROUP (7180) Q2 2025 earnings summary

Executive summary

• Ordinary income for the six months ended September 30, 2024, declined 3.5% year-over-year to ¥108,665 million, mainly due to lower gains on sales of government and other bonds.

• Ordinary profit decreased 6.6% year-over-year to ¥21,227 million, and profit attributable to owners of parent fell 7.0% to ¥14,616 million.

• Comprehensive income turned negative at ¥(5,659) million, compared to ¥32,045 million in the prior year period, reflecting significant declines in other comprehensive income.

Financial highlights

• Total assets as of September 30, 2024, were ¥13,429.1 billion, down ¥92.1 billion from March 31, 2024.

• Net assets decreased to ¥707,741 million from ¥717,615 million at the previous fiscal year-end.

• Deposits declined ¥146.2 billion year-over-year to ¥10,156.8 billion, while negotiable certificates of deposit increased ¥378.2 billion to ¥227.8 billion.

• Loans rose ¥6.5 billion year-over-year to ¥8,833.5 billion, mainly due to growth in loans to individuals.

• Securities holdings decreased ¥17.0 billion from March 31, 2024, to ¥1,986.8 billion.

Outlook and guidance

• Full-year forecast for profit attributable to owners of parent is ¥28,500 million, up 7.9% year-over-year, with ordinary profit forecast at ¥41,500 million.

• Earnings per share for the full year is projected at ¥65.87.

• No changes have been made to previously announced earnings forecasts.