Yokohama Financial Logs 18% Higher Profit in Fiscal Q1
Yokohama Financial's (TYO:7186) profit attributable to owners of the parent increased 18% year-on-year to 32.0 billion yen for the fiscal first quarter, up from 27.0 billion yen a year earlier.The retail banking company's net income per share rose to 28.81 yen from 23.68 yen in the same period last year, according to a Tokyo bourse filing on Wednesday.Ordinary income for the three months ended June 30 grew 16% year on year to 131.0 billion yen from 112.9 billion yen.For the fiscal full year ending March 31, 2027, Yokohama forecasts an attributable profit of 129.0 billion yen, net income per share of 116.06 yen, and ordinary profit of 191.5 billion yen.The company plans to pay an interim dividend of 23 yen per share and a final dividend of 24 yen per share, for the current fiscal year.
