Interim report
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Note : This document has been translated from the Japanese original for reference purposes only . In the event of any discrepancy between this translated document and the Japanese original , the original shall prevail . Consolidated Financial Results for the Three Months Ended June 30 , 2026 ( Japanese GAAP ) Company name : Shizuoka Financial Group , Inc. Stock exchange listings : Tokyo Securities code : 5831 URL : https://www.shizuoka-fg.co.jp/ Representative : Hisashi Shibata President General Manager of Corporate Planning Dept. For inquiry : Hidehito Matsushita Telephone : + 81-54-261-3111 Dividend payment date : - Trading accounts : Established Supplemental information for financial results : Available Investor meeting presentation : Not scheduled FASF MEMBERSHIP August 6 , 2026 ( Amounts less than one million yen are rounded down . ) 1. Consolidated Financial Results for the Three Months Ended June 30 , 2026 ( from April 1 , 2026 to June 30 , 2026 ) ( 1 ) Consolidated Business Results ( % : Changes from the corresponding period of the previous fiscal year ) Three months ended June 30 , 2026 June 30 , 2025 Note : Comprehensive income Three months ended June 30 , 2026 Profit attributable to Ordinary income Millions of yen 136,802 91,838 % Ordinary profit Millions of yen owners of parent % Millions of yen % 49.0 8.2 46,968 31,099 51.0 7.2 32,740 45.0 22,582 7.7 Three months ended June 30 , 2026 : Three months ended June 30 , 2025 : Diluted earnings ¥ 68,238 million [ 153.2 % ] ¥ 26,949 million [ 25.8 % ] Basic earnings per share Yen 61.69 41.66 June 30 , 2025 ( 2 ) Consolidated Financial Condition As of June 30 , 2026 March 31 , 2026 per share Yen 61.69 41.65 Total assets Total net assets Equity - to - asset ratio Millions of yen 15,922,949 Millions of yen 1,279,566 % 8.0 16,016,015 1,231,900 7.7 ¥ 1,278,779 million Reference : Equity As of June 30 , 2026 : As of March 31 , 2026 : Y 1,231,850 million Note : " Equity - to - asset ratio " is computed under the formula below . ( Total net assets - Subscription rights to shares - Non - controlling interests ) / Total assets
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1. 2. For details, please refer to the ''Notice Concerning Revised Forecasts of Full-Year Consolidated Financial Results and (Increased) Year-end Dividend, and Decision on Matters Related to Acquisition of Own Shares'' disclosed on , 2026.
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Shizuok a Financial Group , Inc.(5831 ) ― 1 ―
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Looking back at the Japanese economy during the first months of FY 2026, personal consumption and exports have shown signs of improvement, and capital investments, particularly in the manufacturing sector, have continued to recover. Accordingly, the economy has been on a moderate recovery path, although careful attention should be paid to the potential impact of the situation in the Middle East. As for the economy of Shizuoka prefecture, lthough some sectors, such as housing investment, have shown signs of weakness, personal consumption and capital investments have remained firm, and the economy has continued to recover at a moderate pace. The consolidated operating results for the first months of FY 2026 were as follows: Ordinary income increased by 44,963 136,802 million, borrowed money Based on the financial results of the first months of FY 2026, and current business trends, Shizuoka Financial Group has revised its consolidated earnings forecast for ordinary profit and profit attributable to owners of parent for FY 2026, both announced on May 12, 2026. Ordinary profit has been revised upward by 15.0 billion, setting it at 167.0 billion, and profit attributable to owners of parent has also been revised upwardly by 10.0 billion, setting it at 115.0 billion. Shizuok a Financial Group , Inc.(5831 ) ― 2 ―
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Shizuok a Financial Group , Inc.(5831 ) ― 3 ―
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Shizuok a Financial Group , Inc.(5831 ) ― 4 ―
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three June three June 91,838 60,932 40,962 17,412 0 21,686 618 1,831 6,769 60,739 20,620 11,636 8,853 1,412 26,657 3,194 31,099 327 327 36 36 31,390 8,642 166 8,809 22,581 (1) 22,582 Shizuok a Financial Group , Inc.(5831 ) ― 5 ―
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three June three June 22,581 4,368 5,125 1,575 (2,126) (54) (150) 26,949 26,950 (1) Shizuok a Financial Group , Inc.(5831 ) ― 6 ―
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Reconciliations 80,523 8,202 88,726 3,112 91,838 91,838 743 232 976 27,774 28,750 (28,750) 81,267 8,435 89,702 30,887 120,589 (28,750) 91,838 29,844 385 30,229 28,078 58,308 (27,209) 31,099 27,209) Reconciliations Shizuok a Financial Group , Inc.(5831 ) ― 7 ―
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three three three three (Subsequent Events) Aquisition of Own Shares Through a written resolution on August 6, 2026. of the Board of Directors pursuant to Article 370 of the Companies Act and the Company's Articles of Incorporation, the Company resolved to acquire own shares as follows, pursuant to the provisions of Article 156 of the Companies Act, as applied pursuant in this case by replacing the relevant terms pursuant to the provisions of Article 165, paragraph (3) of the same Act. 1) Class of shares to be acquired Common stock 2) Total number of shares to be acquired 10,000,000 shares (maximum) 3) Total cost of acquisition 30,000 million (maximum) 4) Acquisition period From August 7, 2026 through September 18, 2026 Shizuok a Financial Group , Inc.(5831 ) ― 8 ―
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Year-on-year comparisons and other changes are calculated on the tables. 1. Status of profit and loss <Consolidated Statements of Income> (Millions of Yen) For the three months ended For the year ended Gross ordinary profit Net interest income Net fees and commissions Net trading income Net other operating income General and administrative expenses ( ) (1) Provision for general allowance for loan losses ( ) (2) Disposal of non-performing loans (-) Losses on loan write-offs ( ) Provision for specific allowance for loan losses ( ) Losses on sale of loan receivables ( ) Provision for contingent losses ( ) Payments to credit guarantee corporations ( ) (3) Reversal of allowance for loan losses (4) Recoveries of written-off receivables [Credit costs: (1)+(2)-(3)-(4)] ( ) Net gains (losses) on equity securities Equity in earnings of equity method investees Other Ordinary profit Net extraordinary gains (losses) Profit before income taxes Income taxes - current ( ) Income taxes - deferred ( ) Total income taxes ( ) Profit Profit attributable to owners of parent (Note) Gross ordinary profit = (Interest income - Interest expenses) + (Fees and commissions - Fees and commission payments) + (Trading income - Trading losses) + (Other operating income - Other operating expenses) Income (loss) attributable to non-controlling interests Supplemental Information Financial Results for the First Three Months of Fiscal Year 2026, ending March 31, 2027 [Shizuoka Financial Group (hereinafter, "SFG"), consolidated] June 30,2026 (a) June 30,2025 (b) (a)-(b) March 31, 2026 (Note) Shizuok a Financial Group , Inc.(5831 ) ― 9 ―
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[The Shizuoka Bank, non-consolidated] (Millions of Yen) For the three months ended For the year ended Gross ordinary profit Gross ordinary profit from core banking service Net interest income (Interest on loans and discounts) (Domestic currency) Net fees and commissions Net trading income Net other operating income Net gains (losses) on debt securities General and administrative expenses (excluding non-recurrent items) (-) Personnel expenses (-) Non-personnel expenses (-) Taxes (-) (1) Provision for general allowance for loan losses (-) Net operating profit (Cost of money held in trust) (-) Net non-recurring gains (losses) (2) Disposal of non-performing loans (-) Losses on loan write-offs (-) Provision for specific allowance for loan losses (-) Losses on sale of loan receivables (-) Provision for contingent losses (-) Payments to credit guarantee corporations (-) Reversal of allowance for loan losses (4) Recoveries of written-off receivables [Credit costs: (1)+(2)-(3)-(4)] (-) Net gains (losses) on equity securities Other non-recurring gains (losses) Ordinary profit Net extraordinary gains (losses) Net gains (losses) on disposal of fixed assets Losses on impairment of fixed assets (-) Profit before income taxes Income taxes-current (-) Income taxes-deferred (-) Total income taxes (-) Profit (Notes) 1. Gross ordinary profit from core banking service Gross ordinary profit - Net gains (losses) on debt securities 2. Net operating profit, gross = Net operating profit + Provision for general allowance for loan losses 3. Net operating profit from core banking service = Net operating profit + Provision for general allowance for loan losses - Net gains (losses) on debt securities 2. Interest rate spread [The Shizuoka Bank, non-consolidated (Domestic business segment)] (%) For the three months ended For the year ended (1) Yield on investments (i) Yield on loans (ii) Yield on securities (2) Fundraising costs (i) Yield on deposits (ii) Yield on external debt (3) Deposit and loan rates spread (4) Gross interest spread June 30,2026 (a) June 30,2025 (b) (a)-(b) March 31, 2026 Net operating profit from core banking service (excluding gains or losses on cancellation of investment trusts) Net operating profit, gross Net operating profit from core banking service June 30,2026 (a) June 30,2025 (b) (a)-(b) March 31, 2026 (Note 3) (Note 1) (Note 2) (1)(i)-(2)(i) (1)-(2) Shizuok a Financial Group , Inc.(5831 ) ― 10 ―
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3. Status of securities (1) Balance of securities [The Shizuoka Bank, non-consolidated] (Billions of Yen) As of June 30, 2026 As of March 31, 2026 Foreign bonds (Millions of Yen) (3) Unrealized gains (losses) on securities (2) Gains (losses) on securities [The Shizuoka Bank, non-consolidated] Japanese government bonds Municipal bonds Corporate bonds Stocks Other securities Total Shizuok a Financial Group , Inc.(5831 ) ― 11 ―
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(1) Loans and bills discounted [The Shizuoka Bank, non-consolidated] (Ending balance) (Billions of Yen) As of June 30, 2026(a) As of June 30, 2025(b) (a)-(b) As of March 31, 2026 (Average balance) For the three months ended (Billions of Yen) (2) Deposits, etc. [The Shizuoka Bank, non-consolidated] (Ending balance) (Billions of Yen) As of June 30, 2026(a) As of June 30, 2025(b) (a)-(b) As of March 31, 2026 Individual deposits (Average balance) For the three months ended (Billions of Yen) Individual deposits (3) Individually held assets [The Shizuoka Bank + Shizugin TM Securities] (Billions of Yen) As of June 30, 2026(a) As of June 30, 2025(b) (a)-(b) As of March 31, 2026 Individual annuity insurance products Foreign currency deposits Investment trusts Shizugin TM Securities Japanese yen deposits, etc. (Japanese yen deposits + Negotiable certificates of deposit) (Note) ''Asset management products'' do not include domestic currency deposits etc. Balance of individually held assets Asset management products (Note) Public bonds (Japanese government bonds, etc.) Deposits, etc. (Deposits + Negotiable certificates of deposit) Deposits Domestic branches (excluding offshore accounts) Deposits within Shizuoka prefecture Negotiable certificates of deposit (a)-(b) (Note) ''Consumer loans'' include apartment loans. Deposits, etc. (Deposits + Negotiable certificates of deposit) Deposits Domestic branches (excluding offshore accounts) Deposits within Shizuoka prefecture Negotiable certificates of deposit June 30,2026 (a) June 30,2025 (b) Consumer loans Loans to SMEs, etc. Consumer loans June 30,2026 (a) Loans and bills discounted Loans to SMEs, etc. Consumer loans Loans and bills discounted within Shizuoka prefecture Loans to SMEs, etc. June 30,2025 (b) (a)-(b) 4. Balances of loans and bills discounted, deposits, etc. and individually held assets Loans and bills discounted Loans to SMEs, etc. Consumer loans Loans and bills discounted within Shizuoka prefecture Shizuok a Financial Group , Inc.(5831 ) ― 12 ―
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5.Non-performing loans based on the Banking Act and the Financial Reconstruction Act (''the FRA'') (Partial direct write-offs are not executed.) [SFG, consolidated] [The Shizuoka Bank, non-consolidated] (Billions of Yen) (Billions of Yen) As of As of As of As of June 30, 2026(a) March 31, 2026(b) June 30, 2026(a) March 31, 2026(b) Doubtful loans Special Attention Past due loans (3months or more) Restructured loans Subtotal Normal Total % to total credit balance (When partial direct write-offs are executed) the FRA claims % to total credit balance (Deducting loans guaranteed by credit guarantee corporations from the table above) the FRA claims % to total credit balance (Reference) Net risk management loans % to total credit balance (Note) The FRA claims after deducting collateral and allowance for loan losses, etc. (a)-(b) Bankrupt and quasi-bankrupt loans (a)-(b) (Note) Shizuok a Financial Group , Inc.(5831 ) ― 13 ―