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North Pacific Bank, Last Fiscal Year's Ordinary Profit Exceeds Expectations, 24% Increase in Ordinary Profit for The Current Fiscal Year, Increased Previous Year's Dividend by 3 yen, This Fiscal Year to Increase Dividend by 7 yen

Tue May 13, 2025 2:00 pm JST Earnings

8524 North Pacific Bank,Ltd. 【J-GAAP】

Earnings Report

North Pacific Bank,Ltd. <8524> [TSE Prime] announced its financial results in the afternoon session on May 13th (14:00). The consolidated ordinary profit for the fiscal year ending March 2025 expanded 50.9% from the previous period to 28 billion yen, exceeding the previous forecast of 24.4 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 24.0% to 34.8 billion yen. This will be the fourth consecutive term of revenue and the third consecutive term of profit growth.

At the same time, the company increased the annual dividend for the previous term from 16 yen to 19 yen (compared to 10 yen in the prior term), and has decided to increase the dividend this fiscal year to 26 yen, an increase of 7 yen from the previous fiscal year.

In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit increased 89.8% from the same period last year, reaching 10.3 billion yen.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 126,734 17,312 9,647 25.0 10 May 15, 2023 J-GAAP
Mar, 2024 133,114 18,605 12,830 33.3 10 May 14, 2024 J-GAAP
Mar, 2025 150,637 28,070 20,608 53.9 19 May 13, 2025 J-GAAP
YoY +13.2% +50.9% +60.6% +61.8%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Guidance 146,100 24,400 18,300 48.6 16 Jan 30, 2025 J-GAAP
Mar, 2025 Results 150,637 28,070 20,608 53.9 19 May 13, 2025 J-GAAP
Revision Rate +3.1% +15.0% +12.6% +10.9%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2024 68,695 11,770 8,449 22.1 6.50 Nov 12, 2024 J-GAAP
Apr - Sep, 2025 Guidance 85,300 16,000 11,000 29.2 13 May 13, 2025 J-GAAP
YoY +24.2% +35.9% +30.2% +32.4%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 133,114 18,605 12,830 33.3 10 May 14, 2024 J-GAAP
Mar, 2025 150,637 28,070 20,608 53.9 19 May 13, 2025 J-GAAP
Mar, 2026 Guidance 173,300 34,800 24,300 64.5 26 May 13, 2025 J-GAAP
YoY +15.0% +24.0% +17.9% +19.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2024 35,683 5,467 2,809 7.3 0.0 May 14, 2024 J-GAAP
Apr - Jun, 2024 33,752 7,379 5,236 13.7 0.0 Aug 5, 2024 J-GAAP
Jul - Sep, 2024 34,943 4,391 3,213 8.4 0.0 Nov 12, 2024 J-GAAP
Oct - Dec, 2024 40,181 5,926 4,137 10.8 0.0 Feb 10, 2025 J-GAAP
Jan - Mar, 2025 41,761 10,374 8,022 21.0 0.0 May 13, 2025 J-GAAP
YoY +17.0% +89.8% +185.6% +187.5%

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