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Tue Apr 28, 2026 10:30 am JST Currency

Daishi Hokuetsu Financial Group, Inc. <7327> shares rebounded sharply after three days of declines. Following the April 27 close, the group raised its medium-term plan targets through the fiscal year ending March 2027, increasing its net profit goal to 50 billion yen from 40 billion yen and its consolidated ROE target to at least 8.7% from 7.5%. The revision reflects higher-than-expected domestic interest rates, improved market operations revenue via risk asset buildup under the Foundation Internal Ratings-Based (FIRB) approach, and steady progress in non-interest income.

Simultaneously, Daishi Hokuetsu disclosed that preliminary consolidated net profit for the fiscal year ended March 2026 reached 42.1 billion yen (up 43.4% year-on-year), exceeding its previous 36 billion yen forecast. Performance was driven by strong corporate service fees and higher-than-expected net interest income from loan growth. The company raised its year-end dividend by 9 yen to 36 yen.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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