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Miyazaki Bank, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 20%, Highest in Ten Terms, Dividend Revised Upward by 65 Yen

Thu Nov 6, 2025 12:30 pm JST Earnings

8393 The Miyazaki Bank,Ltd. 【J-GAAP】

Earnings Report

The Miyazaki Bank,Ltd. <8393> [TSE Prime] announced its financial results at noon (12:30) on November 6th. The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending March 2026 (April to September) expanded 9.65 billion yen, an increase 35.4% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 19.7%, from the previous forecast of 15.2 billion yen to 18.2 billion yen (compared to 13.9 billion yen in the previous period), increasing the growth rate from 9.0% to 30.5%, reaches new record high for the first time in ten terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the October to March period (second half) is expected to grow 25.4% from the same period last year, reaching 8.54 billion yen.

In light of the strong performance, the company has significantly increased its planned annual dividend for the current fiscal year from the original plan of 115 yen to 180 yen (compared to 110 yen in the previous period).

In the most recent three-month period, from July to September (2Q), the consolidated ordinary profit increased 54.7% from the same period last year, reaching 4.57 billion yen.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 34,075 5,879 4,251 245.9 58.9 Nov 10, 2023 J-GAAP
Apr - Sep, 2024 38,105 7,129 4,856 283.9 51.1 Nov 8, 2024 J-GAAP
Apr - Sep, 2025 42,222 9,651 6,771 400.4 53.0 Nov 6, 2025 J-GAAP
YoY +10.8% +35.4% +39.4% +41.0%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance 42,200 9,600 6,700 399.9 57.50 Oct 28, 2025 J-GAAP
Apr - Sep, 2025 Results 42,222 9,651 6,771 400.4 90 Nov 6, 2025 J-GAAP
Revision Rate +0.1% +0.5% +1.1% +0.1%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 83,400 15,200 10,400 619.7 115 May 9, 2025 J-GAAP
Mar, 2026 New 86,200 18,200 12,400 738.9 180 Nov 6, 2025 J-GAAP
Revision Rate +3.4% +19.7% +19.2% +19.2%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 42,087 6,818 4,928 289.1 55 May 9, 2025 J-GAAP
Oct - Mar, 2025 Guidance 43,978 8,549 5,629 335.4 90 Nov 6, 2025 J-GAAP
YoY +4.5% +25.4% +14.2% +16.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 68,889 9,986 7,087 409.5 100 May 10, 2024 J-GAAP
Mar, 2025 80,192 13,947 9,784 574.0 110 May 9, 2025 J-GAAP
Mar, 2026 Guidance 86,200 18,200 12,400 738.9 180 Nov 6, 2025 J-GAAP
YoY +7.5% +30.5% +26.7% +28.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 19,226 2,958 1,803 105.4 0.0 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 21,637 4,389 3,234 189.5 0.0 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 20,450 2,429 1,694 99.4 0.0 May 9, 2025 J-GAAP
Apr - Jun, 2025 21,328 5,074 3,571 210.6 0.0 Aug 8, 2025 J-GAAP
Jul - Sep, 2025 20,894 4,577 3,200 189.2 0.0 Nov 6, 2025 J-GAAP
YoY +8.7% +54.7% +77.5% +79.5%

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