Okinawa Financial Group, Inc. [7350.T]
TOKYO, May 15 (Pulse News Wire) – Okinawa Financial Group,inc. (7350.T) reported robust performance for its fiscal year ending March 31, 2026.
Operating revenue increased by 116 billion yen to 704 billion yen compared to the previous fiscal year. Consequently, ordinary profit rose by 53 billion yen to 157 billion yen. Net income attributable to shareholders of the parent company grew by 33 billion yen to 112 billion yen. For the fiscal year ending March 31, 2027, the company forecasts operating revenue of April 01, 2024, ordinary profit of April 01, 2025, and net income attributable to shareholders of the parent company of [TICKER_0].
In terms of financial position, total assets stood at two trillion yen, while equity reached [NUM_5]. Cash and cash equivalents decreased by [NUM_14]% to [NUM_12][NUM_13] yen. During the fiscal year, the group used funds primarily due to increases in loans and decreases in deposits, resulting in a higher outflow from operations than the prior year. Looking ahead, Okinawa Financial Group expects continued growth driven by its strategic focus areas: enhancing regional value, human capital management, and building a sustainable growth foundation.
The company plans to distribute interim dividends of [NUM_3] yen per share and final dividends of [NUM_2] yen per share, totaling [NUM_75] yen per share for the fiscal year ending March 31, 2027.
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