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Suruga Bank, Ordinary Profit Forecast for Last Fiscal Year Revised Upward by 13%, Dividend Revised Upward by 16 Yen

Fri Apr 24, 2026 12:15 pm JST Revision

8358 Suruga Bank Ltd. 【J-GAAP】

Guidance Update Report

Suruga Bank Ltd. <8358> [TSE Prime] announced a revision to its performance and dividend at noon (12:15) on April 24th. The consolidated ordinary profit forecast for the fiscal year ending March 2026 has been revised upward 12.9%, from the previous forecast of 31.0 billion yen to 35.0 billion yen (compared to 26.1 billion yen in the previous period), increasing the growth rate from 18.5% to 33.8%.

Based on the upwardly revised full-year plan announced by the company, our calculation indicates that the October to March period (second half) consolidated ordinary profit is expected to increase 28.0%, from the previous forecast of 14.2 billion yen to 18.2 billion yen (compared to 13.1 billion yen in the same period of the previous year), increasing the growth rate from 8.1% to 38.4%.

In light of the strong performance, the company has significantly increased its planned annual dividend for the last fiscal year from the original plan of 44 yen to 60 yen (compared to 29 yen in the previous period).

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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 ー ー 14,264 9,174 53.8 22 Nov 13, 2025 J-GAAP
Oct - Mar, 2025 New 57,184 ー 18,264 18,174 103.9 38 Apr 24, 2026 J-GAAP
Revision Rate － － +28.0% +98.1% +93.1%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev ー ー 31,000 25,000 146.7 44 Nov 7, 2025 J-GAAP
Mar, 2026 New 109,500 ー 35,000 34,000 194.4 60 Apr 24, 2026 J-GAAP
Revision Rate － － +12.9% +36.0% +32.5%

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 48,509 ー 13,197 9,093 48.2 14.50 May 12, 2025 J-GAAP
Oct - Mar, 2025 Guidance 57,184 ー 18,264 18,174 103.9 38 Apr 24, 2026 J-GAAP
YoY +17.9% － +38.4% +99.9% +115.8%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 91,447 ー 20,641 15,375 75.4 21 May 10, 2024 J-GAAP
Mar, 2025 91,092 ー 26,159 20,177 106.8 29 May 12, 2025 J-GAAP
Mar, 2026 Guidance 109,500 ー 35,000 34,000 194.4 60 Apr 24, 2026 J-GAAP
YoY +20.2% － +33.8% +68.5% +81.9%

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