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Kyushu Financial Group <7180> shares extend gains as a leading domestic brokerage raises its price target to \1,400.
Kyushu Financial Group, Inc. <7180> shares extended their rally. On April 3rd, Daiwa Securities maintained its "Outperform (2)" rating on the stock while lifting its price target from \1,250 to \1,400.
For the first nine months of the fiscal year (April?December 2025), consolidated net profit surged 47.9% year-on-year to \30.967 billion. This performance was underpinned by robust funding demand from the manufacturing sector, particularly within the semiconductor industry, fueling steady growth in the company's loan portfolio.
Daiwa Securities forecasts full-year net profit for FY2025 (ending March 2026) to reach \36 billion, outperforming management’s guidance of \35 billion (a 15.2% YoY increase), and expects the earnings growth trajectory to persist. Key drivers for future profit expansion include rising yen interest rates, improved bond trading margins, and a steady increase in both deposits and loans. Furthermore, the brokerage anticipates enhanced shareholder returns and a proactive expansion of lending operations.
Source: MINKABU PRESS
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