Suruga stock gets a higher fiscal 2027 profit forecast
Published on 10/04/2026 at 10:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Suruga stock was last at JPY 2,936 on the Tokyo Stock Exchange on October 2, 2026 at 3:30 p.m. JST, down 1.28 percent from the prior close. The market reaction followed a sharp upgrade to the regional bank's fiscal 2027 profit and dividend outlook.
Profit forecast rises to JPY 56.0 billion
According to MINKABU on September 30, Suruga raised its fiscal 2027 consolidated recurring profit forecast to JPY 56.0 billion from JPY 47.5 billion. The increase is 17.9 percent and followed a higher first-half forecast of JPY 34.0 billion, up from JPY 25.0 billion.
The revised first-half figure covers the six months ending September 30, 2026. The company expects that result to become its highest first-half recurring profit in nine reporting periods, while the full-year forecast exceeds the prior fiscal year's JPY 35.5 billion.
Dividend forecast adds a second signal
Futubull identifies the September 30 announcement as a JPX disclosure by Suruga. The bank lifted both its interim and year-end dividend forecasts to JPY 40 per share from JPY 30, taking the fiscal 2027 annual forecast to JPY 80 from JPY 60.
The operating explanation cited in the disclosure centers on stronger loan execution, the effect of higher interest rates and lower expected credit costs. That combination makes the forecast revision more than a dividend-only change, although the September 30 figures remain forecasts rather than reported half-year results.
Stock stays below its yearly high
Suruga stock's JPY 2,936 reference price stood JPY 94 below its 52-week high of JPY 3,030 and JPY 1,539 above its 52-week low of JPY 1,397 on October 2. The session range was JPY 2,921 to JPY 3,015, with volume of 1,139,900 shares.
The bank's market capitalization was JPY 500.5 billion on October 2. For investors, the key test is whether the higher recurring profit forecast and JPY 80 dividend outlook can support the share price after the initial announcement response.
Suruga stock remains near its yearly high
Suruga stock was last at JPY 2,936 on the Tokyo Stock Exchange on October 2, 2026 at 3:30 p.m. JST, while its 52-week range was JPY 1,397 to JPY 3,030.
Suruga stock facts
- Company: Suruga Bank Ltd.
- Ticker: 8358
- Trading venue: Tokyo Stock Exchange Prime
- Price (as of October 2, 2026, 3:30 p.m. JST): JPY 2,936
- Market capitalization: JPY 500.5 billion (as of October 2, 2026)
- 52-week range: JPY 1,397-JPY 3,030 (as of October 2, 2026)
- Sector / Industry: Banking
