The Toho Bank, Ltd., the Fukushima-based regional lender listed on the Tokyo Stock Exchange under code 8346, sharply raised its earnings forecast for the year to March 2027, revising guidance it first published on May 15, 2026. Consolidated net profit attributable to owners of the parent is now expected to reach ¥16bn, up 23.1% from the ¥13bn the bank guided in May, with earnings per share rising to ¥64.01 from ¥52.03.
| Metric | Previous forecast (May 15, 2026) | Revised forecast (Sept 25, 2026) |
|---|---|---|
| Ordinary revenues (full year) | ¥104.2bn | ¥147.2bn |
| Ordinary profit (full year) | ¥19.6bn | ¥23.8bn |
| Net profit attributable to owners (full year) | ¥13.0bn | ¥16.0bn |
| Earnings per share (full year) | ¥52.03 | ¥64.01 |
| Annual dividend per share | ¥21.00 | ¥26.00 |
The upgrade is concentrated in the first half. For the six months to September 2026, consolidated ordinary revenues are now guided at ¥83.5bn, up 61.5% from the ¥51.7bn originally forecast, and interim net profit is guided at ¥8.1bn, a 37.3% increase. That compares with an interim net profit of ¥6.271bn a year earlier and full-year net profit of ¥12.353bn in the year to March 2026; the revised full-year target clears last year's result by a comfortable margin.
The bank attributes the revision to loan interest and interest and dividend income on securities at the bank standalone that it now expects to exceed its original estimates. Non-consolidated full-year net profit guidance was also raised, to ¥16.2bn from ¥13bn, a 24.6% increase.
On the same day, Toho Bank lifted its dividend forecast for the year to March 2027. Both the interim and year-end dividends rise by ¥2.50 to ¥13 each, taking the annual payout to ¥26 a share from the ¥21 guided in May, and above last year's actual ¥17. The bank says the increase pushes its payout ratio on profit attributable to owners of the parent to 40.6%, in line with its 40% payout-ratio guideline, and points to shareholder returns as one of three pillars under its long-term plan, TX PLAN 2030. Formal approval of the interim dividend is still pending: the board is scheduled to make that decision on November 6, 2026.