Financial Results for the Second Quarter of Fiscal 2025 (Consolidated Data)

Financial Results for the Second Quarter (Interim Period)

of the Fiscal Year Ending March 31, 2026 [JGAAP] (Consolidated Data)

November 7, 2025 Company name: Seven Bank, Ltd. Stock exchange listing: Tokyo Stock Exchange Stock code: 8410 URL: https://www.sevenbank.co.jp/

Representative: (title) President and Representative Director (name) Masaaki Matsuhashi

For inquiries: (title) Managing Executive Officer, General Manager of Planning Division (name) Ken Shimizu

Telephone: +81-3-3211-3041

Scheduled date for filing of semiannual financial report: November 14, 2025 Scheduled date for cash dividends: December 1, 2025

Trading accounts: Not established

Earnings supplementary explanatory documents : Yes

Earnings presentation : Yes (Analysts, institutional investors)

(Amounts of less than one million yen are rounded down and percentages are rounded to the first decimal place, etc.)

1. Financial Highlights for the Second Quarter (Interim Period) of the Fiscal Year Ending March 31, 2026 (April 1, 2025-September 30, 2025)

   previous fiscal year.)

   1. Consolidated Operating Results (% represents the year-on-year change from the same period of the

      	Ordinary income		Ordinary profit		Net income attributable to owners of the parent
      	Million yen	％	Million yen	％	Million yen	％
      Six months ended September 30, 2025	107,552	1.1	14,814	(11.5)	9,966	(8.9)
      Six months ended September 30, 2024	106,283	15.2	16,751	2.1	10,940	(66.4)

      Note: Comprehensive income: Six months ended September 30, 2025 8,049 million yen (-36.7%)

      Six months ended September 30, 2024 12,723 million yen (-64.6%)

      	Net income per share	Diluted earnings per share
      	Yen	Yen
      Six months ended September 30, 2025	9.35	-
      Six months ended September 30, 2024	9.35	-

      Note: "Diluted earnings per share" is not described as there was no dilutive effect although dilutive shares existed.

   2. Consolidated Financial Position

   	Total assets	Total net assets	Net assets to total assets ratio
   	Million yen	Million yen	％
   As of September 30, 2025	1,430,049	233,274	15.9
   As of March 31, 2025	1,495,977	282,489	18.5

   (Reference) Capital: As of September 30, 2025 228,386 million yen

   As of March 31, 2025 277,201 million yen

   Note: "Net assets to total assets ratio" is calculated as: (Total net assets at the end of the period - Subscription rights to shares at the end of the period - Non-controlling interests at the end of the period) / Total assets at the end of the period. Please note that this "Net assets to total assets ratio" is not the capital adequacy ratio specified in the notification of capital adequacy ratio.

2. Dividends

   	Dividend per share
   	First quarter	Semi-annual	Third quarter	Year end	Total
   Fiscal year ended March 31,2025 Fiscal year ending March 31, 2026	Yen - -	Yen 5.50 5.50	Yen -	Yen 5.50	Yen 11.00
   Fiscal year ending March 31, 2026 (Forecasts)			-	5.50	11.00

   Note: Revisions to most recently announced dividend forecasts (Yes/No) : No

3. Performance Forecasts for the Fiscal Year Ending March 31, 2026 (April 1, 2025-March 31, 2026)

(% represents the year-on-year change from the previous fiscal year.)

Note: Revisions to most recently announced performance forecasts (Yes/No) : No

Notes

1. Significant changes in the scope of consolidation during the period : None

   Added -- (Company name) - Excluded -- (Company name) -

2. Changes in accounting policy, changes in accounting estimates, and retrospective restatements

   1. Changes in accounting policy arising from revision of accounting standards, etc. : None

   2. Changes in accounting policy other than those noted in (a) above : None

   3. Changes in accounting estimates : None

   4. Retrospective restatements : None

      As of September 30, 2025	1,179,308,000 shares	As of March 31, 2025	1,179,308,000 shares
      As of September 30, 2025	203,326,560 shares	As of March 31, 2025	9,370,794 shares
      Six months ended September 30, 2025	1,065,016,587 shares	Six months ended September 30, 2024	1,169,926,399 shares

3. Number of shares (common stock)

   1. Number of shares in issue (including treasury stock)

   2. Number of treasury shares

   3. Average number of shares for the period under review (six-month period)

Note: Number of treasury shares and average number of shares for the period under review include shares of the Company held by "Directors' Compensation BIP Trust" and "Stock Grant ESOP Trust."

(Overview of Non-Consolidated Performance)

1. Non-Consolidated Financial Highlights for the Second Quarter (Interim Period) of the Fiscal Year Ending March 31, 2026 (April 1, 2025 - September 30, 2025)

   the previous fiscal year.)

   1. Non-Consolidated Operating Results (% represents the year-on-year change from the same period of

      	Ordinary income		Ordinary profit		Net income
      	Million yen	％	Million yen	％	Million yen	％
      Six months ended September 30, 2025	70,935	2.8	13,979	(18.3)	9,609	(18.1)
      Six months ended September 30, 2024	68,958	7.5	17,118	1.1	11,734	2.3
      	Net income per share
      	Yen
      Six months ended September 30, 2025	9.02
      Six months ended September 30, 2024	10.03

   2. Non-Consolidated Financial Position

   	Total assets	Total net assets	Net assets to total assets ratio
   	Million yen	Million yen	％
   As of September 30, 2025	1,276,146	205,179	16.0
   As of March 31, 2025	1,327,309	252,482	19.0

   (Reference)Capital:As of September 30, 2025 205,138 million yen As of March 31, 2025 252,450 million yen

   Note: "Net assets to total assets ratio" is calculated as: (Total net assets at the end of the period - Subscription rights to shares at the end of the period) / Total assets at the end of the period. Please note that this "Net assets to total assets ratio" is not the capital adequacy ratio specified in the notification of capital adequacy ratio.

2. Non-Consolidated Performance Forecasts for the Fiscal Year Ending March 31, 2026 (April 1, 2025-March 31, 2026)

(% represents the year-on-year change from the previous fiscal year.)

*

This interim earnings report is exempt from review procedures by a certified public accountant or audit corporation.

* Explanation of the appropriate use of earnings forecasts, and other special notes

- This report contains earnings projections and other forward-looking statements which represent the judgement of Seven Bank based on currently available information. Actual results may be materially different from the projections due to various factors in these forward-looking statements.

1. Interim Consolidated Financial Statements

1. Consolidated Balance Sheets

   Assets
   Cash and due from banks	892,852	827,582
   Securities	120,702	121,592
   Loans	72,257	82,121
   Foreign exchanges	0	0
   ATM-related temporary payments	102,749	102,667
   Accounts receivable from credit card members	128,458	128,326
   Other assets	77,733	73,791
   Tangible fixed assets	50,247	44,547
   Intangible fixed assets	50,046	49,392
   Asset for retirement benefits	2,969	3,091
   Deferred tax assets	2,639	2,285
   Allowance for credit losses	(4,679)	(5,348)
   Total assets	1,495,977	1,430,049
   Liabilities
   Deposits	841,344	863,927
   Negotiable certificates of deposits	800	300
   Call money	35,000	-
   Borrowed money	13,343	22,828
   Bonds	50,000	50,000
   ATM-related temporary advances	71,228	67,145
   Accounts payable for credit card business	40,738	37,204
   Deposits for electronic money	62,660	60,302
   Other liabilities	96,103	92,862
   Provision for bonuses	1,063	939
   Liability for retirement benefits	35	33
   Provision for retirement benefits of directors	9	-
   Provision for stocks payment	983	1,067
   Deferred tax liabilities	177	164
   Total liabilities	1,213,488	1,196,775
   Net assets
   Common stock	30,724	30,724
   Capital surplus	31,071	31,071
   Retained earnings	207,126	210,628
   Treasury stock	(2,738)	(53,554)
   Total shareholders' equity	266,184	218,869
   Net unrealized gains (losses) on available-for-sale 85 445 securities, net of taxes
   Foreign currency translation adjustments	10,245	8,432
   Accumulated adjustments for retirement benefits	685	638
   Total accumulated other comprehensive income	11,016	9,517
   Subscription rights to shares	32	48
   Non-controlling interests	5,255	4,839
   Total net assets	282,489	233,274
   Total liabilities and net assets	1,495,977	1,430,049

   (Millions of yen) As of March 31, 2025 As of September 30, 2025

2. Consolidated Statements of Income and Consolidated Statements of Comprehensive Income