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Tokyo Kiraboshi Financial Group shares fall sharply on forecast of lower net profit for fiscal March 2027

Mon May 11, 2026 11:16 am JST Catalyst

TOKYO KIRABOSHI FINANCIAL GROUP,INC. <7173> shares extended their decline. Following the market close on May 8, the bank reported consolidated net profit of 42.357 billion yen for the fiscal year ended March 2026, up 35.0% year-on-year. The result was driven by an increase in loan volumes through primary banking initiatives and improved loan yields following policy rate hikes.

For the fiscal year ending March 2027, Tokyo Kiraboshi expects net profit to slide 5.5% to 40 billion yen. Alongside an 8-for-1 stock split effective June 30, the company plans an annual dividend of 30 yen, or 21.25 yen on a split-adjusted basis, compared to the prior year.

Additionally, the company announced the conversion and retirement of first-series class 1 preferred shares held by Sumitomo Mitsui Trust Bank into common shares, coupled with a public equity offering. It also unveiled plans to buy back and cancel class 2 preferred shares from the Tokyo Metropolitan Government for 40 billion yen.

Source: MINKABU PRESS

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

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