CAREER BANK, Ordinary Profit Forecast for the Fiscal Year Revised Downward by 7%, Postponed Dividend for This Fiscal Year

CAREER BANK CO.,LTD <4834> [SSE] announced a revision to its performance and dividend after the market closed on March 3rd (15:45). The consolidated ordinary profit forecast for the fiscal year ending May 2026 has decreased 6.7%, from the previous forecast of 149 million yen to 139 million yen (compared to 124 million yen in the previous period), leading to a reduction in the profit growth rate from 20.2% to 12.1%. However, the full-year forecast for consolidated net income has been revised upward 80.4%, from the previous forecast of 92 million yen to 166 million yen (compared to 89 million yen in the previous period), increasing the growth rate from 3.4% to 86.5%.

Based on the downwardly revised full-year plan announced by the company, our calculation indicates that the December to May period (second half) consolidated ordinary profit has decreased 7.1%, from the previous forecast of 140 million yen to 130 million yen (compared to 151 million yen in the same period of the previous year), leading to an increase in the profit decline rate from 7.3% to 13.9%.

At the same time, In conjunction with a Tender Offer Bid (TOB), the company has decided to forgo the year-end lump-sum dividend of 14 yen for the current fiscal year.

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