kabutan

Yamagata Bank, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 10%, Dividend Revised Upward by 22 Yen

Mon Feb 9, 2026 3:30 pm JST Earnings

8344 The Yamagata Bank, Ltd. 【J-GAAP】

Earnings Report

The Yamagata Bank, Ltd. <8344> [TSE Prime] announced its financial results after the market closed on February 9th (15:30). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) increased 15.5% from the same period last year, reaching 5.74 billion yen.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 10.4%, from the previous forecast of 7.70 billion yen to 8.50 billion yen (compared to 6.50 billion yen in the previous period), increasing the growth rate from 18.4% to 30.7%.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 20.8%, from the previous forecast of 3.85 billion yen to 4.65 billion yen (compared to 3.67 billion yen in the same period of the previous year), increasing the growth rate from 4.8% to 26.5%.

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 56 yen to 78 yen (compared to 45 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit decreased to 1.90 billion yen, an 11.6% decrease compared to the same period last year.

Kabutan News

Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 43,401 3,222 2,119 66.2 85.6 Feb 1, 2024 J-GAAP
Apr - Dec, 2024 38,706 4,979 3,423 107.0 76.5 Feb 3, 2025 J-GAAP
Apr - Dec, 2025 45,249 5,749 4,096 130.2 67.6 Feb 9, 2026 J-GAAP
YoY +16.9% +15.5% +19.7% +21.6%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 26,935 3,852 2,290 72.8 28 Nov 14, 2025 J-GAAP
Oct - Mar, 2025 New 31,635 4,652 3,290 104.6 50 Feb 9, 2026 J-GAAP
Revision Rate +17.4% +20.8% +43.7% +43.7%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 57,100 7,700 5,000 159.0 56 Oct 29, 2025 J-GAAP
Mar, 2026 New 61,800 8,500 6,000 190.8 78 Feb 9, 2026 J-GAAP
Revision Rate +8.2% +10.4% +20.0% +20.0%

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 27,616 3,677 2,327 72.9 27.50 May 13, 2025 J-GAAP
Oct - Mar, 2025 Guidance 31,635 4,652 3,290 104.6 50 Feb 9, 2026 J-GAAP
YoY +14.6% +26.5% +41.4% +43.6%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 55,097 3,762 2,080 65.0 35 May 14, 2024 J-GAAP
Mar, 2025 52,861 6,505 4,412 138.2 45 May 13, 2025 J-GAAP
Mar, 2026 Guidance 61,800 8,500 6,000 190.8 78 Feb 9, 2026 J-GAAP
YoY +16.9% +30.7% +36.0% +38.1%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 13,461 2,151 1,338 41.8 0.0 Feb 3, 2025 J-GAAP
Jan - Mar, 2025 14,155 1,526 989 31.0 0.0 May 13, 2025 J-GAAP
Apr - Jun, 2025 14,077 2,167 1,604 50.8 0.0 Jul 31, 2025 J-GAAP
Jul - Sep, 2025 16,088 1,681 1,106 35.1 0.0 Nov 14, 2025 J-GAAP
Oct - Dec, 2025 15,084 1,901 1,386 44.1 0.0 Feb 9, 2026 J-GAAP
YoY +12.1% -11.6% +3.6% +5.3%

Related Articles