Announcement Regarding the Revision of Earnings Target for the Fiscal Year 2024
Tokyo, April 30, 2025
Resona Holdings, Inc.
Resona Holdings, Inc. ("RHD") hereby announces that it has revised its consolidated earnings target for the fiscal year 2024 (April 1, 2024 - March 31, 2025), which was originally announced on November 12, 2024, as detailed below.
1. Revision of the Earnings Target
Consolidated Earnings Target for the Fiscal Year 2024 (April 1, 2024 - March 31, 2025)
| Net Income Attributable to Owners of the Parent | |
|---|---|
| Previous target(Announced on Nov.12, 2024) (A) | 175.0 Billion Yen |
| Revised Target (B) | 210.0 Billion Yen |
| Change (B-A) | +35.0 Billion Yen |
| Rate of change | +20% |
2. Reason for the Revision
RHD has revised its consolidated earnings target for fiscal year 2024 upward. This decision reflects steady progress in earnings, including net interest income and fee income, an increase in net gains on stocks driven by the advancement of policy-oriented stock sales, and the expectation that credit costs will come in below initial projections.
Further details will be forthcoming on May 13, 2025 when RHD officially announces its fiscal year 2024 results.
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