Daishi Hokuetsu Financial : Financial Highlights for FY2023

Document and entity information
	Mar 2024
Company information
Company information
FASF member mark	true
Document name	Consolidated Financial Results for the
Fiscal Year Ended March 31,2024
Filing date	2024-05-10
Company name	Daishi Hokuetsu
Financial Group,Inc.
Stock exchange listings
Tokyo	true
Tokyo Prime	true
Tokyo Standard	-
Tokyo Growth	-
Tokyo 1st section	-
Tokyo 2nd section	-
Tokyo Mothers	-
Tokyo JASDAQ	-
Tokyo PRO Market	-
Tokyo Others	-
Nagoya	-
Nagoya Premire	-
Nagoya Main	-
Nagoya Next	-
Nagoya Others	-
Sapporo	-
Sapporo	-
Sapporo Ambitious	-
Sapporo Others	-
Fukuoka	-
Fukuoka	-
Fukuoka Q-Board	-
Fukuoka Others	-
Phoenix	-
Japan Securities Dealers Association	-
Securities code	73270
URL	https://www.dhfg.co.jp/
Business category
General Business	-
Specific Business	true
Fiscal Year End	2024-03-31
Representative
Title	President and Representative Director
Name	Michiro Ueguri
Inquiries
Title	General Manager of Corporate Planning Division
Name	Yasuto Mishima
Tel	025-224-7111
Other

Date of general shareholders' meeting (as planned)

Dividend payable date (as planned)

Annual securities report filing date (as planned)

Setting of trading account

Supplemental material of annual results

Way of getting

Convening briefing of annual results

Target audience

2024-06-25

2024-06-03

2024-06-25

-

true

-

true

(for investors)

Note to fraction processing method(Yen amounts are rounded down to millions, unless otherwise noted.）

Business Results-Operating results

(in millions of yens)

	Mar 2024	Mar 2023
Operating results
Operating results
Consolidated operating results
Consolidated income statements information
Ordinary revenues
Ordinary revenues	182,058	148,759
% change	22.3	9.6
Ordinary profit
Ordinary profit	30,868	25,048
% change	23.2	6.3
Profit attributable to owners of parent
Profit attributable to owners of parent	21,203	17,768
% change	19.3	17.3
Note to consolidated income statements information
Comprehensive income
Comprehensive income	94,399	-10,643
Change in comprehensive income	-	-
Other consolidated operating results
Basic earnings per share (Yen)	474.71	391.79
Diluted earnings per share (Yen)	-	-
Rate of return on equity (%)	4.6	4.2
Ordinary profit to total assets ratio (%)	0.2	0.2
Ordinary profit to ordinary revenues ratio (%)	16.9	16.8
Note to consolidated operating results
Investment profit (loss) on equity method	-	-
Note to operating results	-

Business Results-Financial positions

(in millions of yens)

	Mar 2024	Mar 2023
Financial positions
Financial positions
Consolidated financial positions
Total assets	11,137,853	10,517,951
Net assets	499,376	415,423
Capital adequacy ratio (%)	4.4	3.9
Net assets per share (Yen)	11,401.36	9,245.50
Note to consolidated financial positions
Owner's equity	499,357	415,423

Note to financial positions

Business Results-Cash flows

(in millions of yens)

Mar 2024

Mar 2023

Cash flows

Cash flows

Consolidated cash flows

Cash flows from operating activities	294,419	-338,479
Cash flows from investing activities	-90,170	-380,777
Cash flows from financing activities	-10,509	-8,049
Cash and equivalents, end of period	2,223,711	2,029,972

Note to consolidated cash flows

Note to cash flows		-
Business Results-Note to business results
			Mar 2024
Note to business results
Note to business results
Note to consolidated financial results
Note to consolidated financial results			-
Dividends
(in millions of yens)
	Mar 2025	Mar 2024	Mar 2023
Dividends
Dividends
Dividends
Dividend per share (Yen)
Dividend per share (Yen)
First quarter
Result		-	-
Forecast	-
Upper	-
Lower	-
Second quarter
Result		70.00	60.00
Forecast	80.00
Upper	-
Lower	-
Third quarter
Result		-	-
Forecast	-
Upper	-
Lower	-
Year end
Result		75.00	60.00
Forecast	80.00
Upper	-
Lower	-
Annual
Result		145.00	120.00
Forecast	160.00
Upper	-
Lower	-
Total dividend paid
Total dividend paid
Annual
Result		6,535	5,467
Payout ratio (consolidated)
Payout ratio (%)
Annual
Result		30.8	30.7
Forecast	31.1
Ratio of total amount of dividends to net assets (consolidated)

Ratio of total amount of dividends to net assets (%)

Annual

Result

1.4

1.2

Note to dividends

Note to dividends

Breakdown of the annual dividends for the fiscal year ending March 31,2024

Annual2nd quarter end dividend : ordinary dividend 65.00 yen , commemorative dividend 5.00 yen Year end dividend : ordinary dividend 70.00 yen , commemorative dividend 5.00 yen

Forecasts

(in millions of yens)

Forecasts

Forecasts

Title for forecasts

Mar 2025

Sep 2024

Consolidated Earnings Projections for Fiscal Year 2024,ending March 31,2025

Preamble to consolidated forecasts

Preamble to forecasts	-
Main table of consolidated forecasts
Ordinary profit
Ordinary profit
Forecast	33,200	15,000
Upper	-	-
Lower	-	-
% change
Forecast	7.5	-15.2
Upper	-	-
Lower	-	-
Profit attributable to owners of parent
Profit attributable to owners of parent
Forecast	23,000	10,500
Upper	-	-
Lower	-	-
% change
Forecast	8.4	-23.9
Upper	-	-
Lower	-	-
Basic earnings per share (Yen)
Basic earnings per share (Yen)
Forecast	525.13	239.73
Upper	-	-
Lower	-	-
Note to consolidated forecasts
Note to forecasts	-

Notes-Material changes in subsidiaries during this period changes in scope of

consolidations resulting from change in subsidiaries

Mar 2024

Material changes in subsidiaries during this period (Changes in scope of consolidations resulting from change is subsidiaries)

Material changes in subsidiaries during this period (Changes in scope of consolidations resulting from change is subsidiaries)

Others

Material changes in subsidiaries during this period (Changes in scope of consolidations resulting from change is subsidiaries)

Material changes in subsidiaries during this period (Changes in

scope of consolidations resulting from change is subsidiaries)

Note to material changes in subsidiaries during this period

-

Note to material changes in subsidiaries during this period

-

Notes-Changes in accounting policies and accounting estimates retrospective

restatement

Mar 2024

Changes in accounting policies and accounting estimates, retrospective restatement

Changes in accounting policies and accounting estimates, retrospective restatement

Others

Changes in accounting policies and accounting estimates, retrospective restatement

Changes in accounting policies based on revisions of accounting	-
standard
Changes in accounting policies other than ones based on	-
revisions of accounting standard
Changes in accounting estimates	-
Retrospective restatement	-
Note to changes in accounting policies and accounting estimates,
retrospective restatement
Note to changes in accounting policies and accounting estimates,	-
retrospective restatement

Notes-Number of issued and outstanding shares common stock

	Mar 2024	Mar 2023
Number of issued and outstanding shares (common stock)
Number of issued and outstanding shares (common stock)
Others
Number of issued and outstanding shares (common stock)
Number of issued and outstanding shares at the end of fiscal year	45,942,978	45,942,978
(including treasury stock)
Number of treasury stock at the end of fiscal year	2,144,921	1,010,483
Average number of shares	44,664,995	45,350,556
Note to number of issued and outstanding shares (common stock)
Note to number of issued and outstanding shares (common stock)	-

Business Results-Overview of nonconsolidated operating results

(in millions of yens)

Mar 2024		Mar 2023
Non-consolidated operating results
Non-consolidated operating results
Non-consolidated operating results
Non-consolidated income statements information
Operating revenues
Operating revenues	8,469	8,320
% change	1.7	-7.2
Operating profit
Operating profit	7,490	7,445
% change	0.6	-9.4
Ordinary profit
Ordinary profit	7,506	7,444
% change	0.8	-10.0
Profit
Profit	7,992	7,401
% change	7.9	-10.7
Other non-consolidated operating results

Basic earnings per share (Yen)	178.95	163.19
Diluted earnings per share (Yen)	-	-
Note to non-consolidated operating results
Note to operating results	-

Business Results-Overview of nonconsolidated financial positions

(in millions of yens)

	Mar 2024	Mar 2023
Non-consolidated financial positions
Non-consolidated financial positions
Non-consolidated financial positions
Total assets	325,444	325,026
Net assets	321,160	323,632
Capital adequacy ratio (%)	98.6	99.5
Net assets per share (Yen)	7,332.76	7,202.63
Note to non-consolidated financial positions
Owner's equity	321,160	323,632

Note to financial positions

Business Results-Note to overview of nonconsolidated business results

	Mar 2024
Note to non-consolidated financial results
Note to non-consolidated financial results
Note to non-consolidated financial results
Note to financial results	-

This information is a summary of the earnings report. It does not contain all details included in the earnings report disclosed in Japanese.