Resona Holdings (8308) Earnings: Ordinary Profit Up 19.3% to 116.2 Billion Yen, Net Income Up 14.2%

Resona Holdings (8308) announced its financial results, reporting an ordinary profit increase of 19.3% year-on-year to 116.20 billion yen. Ordinary revenue stood at 359.98 billion yen, representing a 20.0% increase compared to the same period of the previous year. On the profit front, net income attributable to owners of the parent grew by 14.2% to 80.52 billion yen, demonstrating solid earnings growth. Comprehensive income also expanded significantly by 43.4% to 159.03 billion yen. Regarding financial and valuation metrics, the Return on Equity (ROE) stands at a strong 10.47%, indicating efficient capital utilization, while the Return on Assets (ROA) is recorded at 0.10%. The company maintains a substantial liquidity buffer with cash and cash equivalents totaling 1,346.61 billion yen. Meanwhile, operating cash flow stood at -4,737.58 billion yen and free cash flow at -5,721.47 billion yen, warranting continued monitoring of cash dynamics. Basic earnings per share (EPS) came in at 35.79 yen, reflecting positive contributions to shareholder value through improved profitability.