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Kyushu Financial Group,Inc., The Current Fiscal Year Ordinary Profit Revised Upward to an Unexpected 8% Increase, Adds to Record High Profit, Dividend Revised Upward by 2 yen

Tue Nov 5, 2024 3:30 pm JST Revision

7180 Kyushu Financial Group,Inc. 【J-GAAP】

Guidance Update Report

Kyushu Financial Group,Inc. <7180> [TSE-P] announced a revision to its performance and dividend after the market closed on November 5th (15:30). The consolidated ordinary profit for the fiscal year ending March 2025 has been revised upward by 12.2%, from the previous forecast of 37 billion yen to 41.5 billion yen (compared to 38.4 billion yen in the previous period), record profits reach three consecutive terms, turning to a 8.0% increase in the consolidated ordinary profit outlook.

Furthermore, the April to September period (first half) consolidated ordinary profit forecast remains unchanged from the estimate of 17 billion yen(compared to 22.7 billion yen in the previous period).

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 18 yen to 20 yen (compared to 18 yen in the previous period).

Kabutan News

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2025 Prev 37,000 25,500 58.9 18 May 13, 2024 J-GAAP
Mar, 2025 New 41,500 28,500 65.9 20 Nov 5, 2024 J-GAAP
Revision Rate +12.2% +11.8% +11.8%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2023 112,624 22,740 15,729 36.4 9 Nov 13, 2023 J-GAAP
Apr - Sep, 2024 Guidance 17,000 12,000 27.7 9 May 13, 2024 J-GAAP
YoY -25.2% -23.7% -23.7%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2023 214,368 35,597 24,668 57.0 12 May 11, 2023 J-GAAP
Mar, 2024 222,551 38,438 26,394 61.0 18 May 13, 2024 J-GAAP
Mar, 2025 Guidance 41,500 28,500 65.9 20 Nov 5, 2024 J-GAAP
YoY +8.0% +8.0% +8.0%

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