The Shimizu Bank (8364): FY2025 Results Summary — Ordinary Profit Up 36.2%, Net Income Rises to 2.0 Billion Yen

This article is based on publicly available IR materials and is not a recommendation to buy or sell any specific securities.

Note: The Shimizu Bank does not publish an English results presentation; this article is an English translation of the Japanese-language article on our sister site Investalk, which is based on the company’s Japanese-language IR materials, with figures transcribed as reported. On this site, the company’s most recently completed fiscal year (ended March 31, 2026) is classified as FY2025; labels in the text and tables below follow the source article’s own fiscal-year notation (e.g., “FY ended Mar 2026”).

This article is a summary based on the financial results report (kessan tanshin) for the fiscal year ended March 31, 2026 announced by The Shimizu Bank, Ltd. (8364); the kessan tanshin is not subject to audit by an audit firm. Consolidated results were ordinary income of 33,674 million yen (up 15.5% year on year), ordinary profit of 3,134 million yen (up 36.2%), and profit attributable to owners of parent of 2,000 million yen (up 7.5%). The results report explains that ordinary income increased due to an increase in interest on loans and gains related to securities, among other factors. The annual dividend per share was 60 yen 00 sen, unchanged from the previous fiscal year, and the bank plans to pay 60 yen 00 sen again for the fiscal year ending March 31, 2027.

Consolidated Results (FY Ended March 2026, Actual)

Ordinary income was 33,674 million yen, up 15.5% from 29,143 million yen in the previous fiscal year, while ordinary expenses increased mainly due to a rise in interest paid on deposits. As a result, ordinary profit was 3,134 million yen (up 36.2% year on year) and profit attributable to owners of parent was 2,000 million yen (up 7.5%). Regarding the financial environment, the results report states that, against the backdrop of gradual interest rate hikes by the Bank of Japan, the shift to a “world with interest rates” is now in full swing, adding upward pressure on domestic benchmark interest rates. The report also describes conditions in the Banking business, Leasing and credit card business, and Other segments.

Item	FY ended Mar 2026	FY ended Mar 2025	Change
Ordinary income (consolidated)	33,674 million yen	29,143 million yen	Up 15.5%
Ordinary profit (consolidated)	3,134 million yen	2,300 million yen	Up 36.2%
Profit attributable to owners of parent	2,000 million yen	1,861 million yen	Up 7.5%

Net income per share was 177 yen 20 sen (163 yen 24 sen in the previous fiscal year), fully diluted net income per share was 176 yen 16 sen (162 yen 26 sen), and return on equity was 2.7% (2.5%). For reference, non-consolidated (bank-only) results were ordinary income of 27,245 million yen (up 19.0% year on year), ordinary profit of 2,975 million yen (up 46.2%), and net income of 2,087 million yen (up 15.8%), and the accompanying results presentation states that non-consolidated core net business profit (core gyomu jun-eki) was 4,744 million yen (up 150.5% year on year).

Financial Position and Key Accounts

Consolidated total assets at the end of the fiscal year ended March 2026 were 1,813,848 million yen, an increase of 6,585 million yen from 1,807,263 million yen at the end of the previous fiscal year. Net assets were 81,012 million yen, an increase of 7,762 million yen from 73,250 million yen at the end of the previous fiscal year. The consolidated equity ratio (jiko shihon hiritsu) was 4.4% (4.0% at the end of the previous fiscal year); a note in the results report states that this “equity ratio” is calculated by dividing the amount obtained by deducting period-end subscription rights to shares and period-end non-controlling interests from total period-end net assets by total period-end assets, and is not the capital adequacy ratio defined under the capital adequacy ratio notification (jiko shihon hiritsu kokuji). The accompanying results presentation states that the non-consolidated capital adequacy ratio on a domestic standard basis was 8.45% at the end of March 2026, up 0.10 percentage point from the end of March 2025.

Item	FY ended Mar 2026	FY ended Mar 2025
Total assets (consolidated)	1,813,848 million yen	1,807,263 million yen
Net assets (consolidated)	81,012 million yen	73,250 million yen
Equity ratio (consolidated, tanshin cover page)	4.4%	4.0%
Net assets per share (consolidated)	7,000 yen 01 sen	6,364 yen 65 sen

According to the results report’s explanation of consolidated financial position, deposits increased 365 hundred million yen from the end of the previous fiscal year to 16,315 hundred million yen. Individual asset deposits (kojin azukari shisan) increased 454 hundred million yen, mainly on higher individual deposits and investment trusts, to 14,568 hundred million yen. Loans increased 150 hundred million yen to 12,682 hundred million yen, and securities increased 43 hundred million yen to 2,677 hundred million yen.

Consolidated cash flows were as follows: net cash used in operating activities was minus 10,208 million yen, mainly due to a decrease in borrowed money; net cash used in investing activities was minus 7,024 million yen, mainly due to an increase in expenditures for the purchase of securities; and net cash used in financing activities was minus 589 million yen. Cash and cash equivalents at the end of the period stood at 224,660 million yen.

Dividends

The annual dividend per share for the fiscal year ended March 31, 2026 was 60 yen 00 sen (interim 30 yen 00 sen, year-end 30 yen 00 sen), unchanged from the previous fiscal year; total dividends paid were 691 million yen, and the consolidated payout ratio was 33.9%. Regarding profit distribution, the results report states that the bank will work to strengthen retained earnings while maintaining a stable annual dividend of 60 yen as its basic policy, aiming for a progressive payout ratio of around 30%. For the fiscal year ending March 31, 2027, the bank plans an interim dividend of 30 yen 00 sen and a year-end dividend of 30 yen 00 sen, for an annual dividend of 60 yen, with the consolidated payout ratio expected to be 27.2%.

Item	FY ended Mar 2026 (Actual)	FY ending Mar 2027 (Forecast)
Annual dividend per share	60 yen 00 sen	60 yen 00 sen
Payout ratio (consolidated)	33.9%	27.2%

Consolidated Forecast for the Fiscal Year Ending March 2027

The consolidated forecast for the fiscal year ending March 31, 2027 is ordinary income of 37,800 million yen (up 12.3% year on year), ordinary profit of 3,800 million yen (up 21.2%), and profit attributable to owners of parent of 2,500 million yen (up 25.0%). Forecast net income per share is 220 yen 87 sen. The non-consolidated (bank-only) forecast for the fiscal year ending March 31, 2027 is ordinary income of 31,000 million yen, ordinary profit of 3,500 million yen, and net income of 2,500 million yen.

Item	FY ending Mar 2027 (Forecast, Consolidated)	Change (YoY)
Ordinary income	37,800 million yen	Up 12.3%
Ordinary profit	3,800 million yen	Up 21.2%
Profit attributable to owners of parent	2,500 million yen	Up 25.0%

This article is an analysis based on publicly available information and is not a recommendation to buy or sell any specific securities. Investment decisions are your own responsibility.