Kanagawa Chuo Kotsu Co., Ltd.
Notice of Revision to Earnings Guidance and Dividend Forecast (Dividend Increase)
Due to stronger-than-expected demand in the passenger automobile business and solid sales of higher-priced new vehicles and vehicle maintenance revenue, the full-year results for the fiscal year ending March 2027 have been revised upward: consolidated net sales +2.1% from the previous forecast, operating income +27.4%, ordinary income +35.0%, and net income attributable to owners of parent +11.3%. At the same time, the year-end dividend has been raised to 50 yen per share, bringing the annual dividend to 95 yen.
Key Figures
- 132,400 million yen: Net Sales (vs. previous forecast +2.1%)
- 7,900 million yen: Operating Income (vs. previous forecast +27.4%)
- 7,600 million yen: Ordinary Income (vs. previous forecast +35.0%)
AI要約
Overview of Revision to Earnings Guidance
Kanagawa Chuo Kotsu Co., Ltd. revised its consolidated full-year earnings guidance for the fiscal year ending March 2027 upward, citing stronger-than-expected demand in the passenger automobile business and robust sales of higher-priced vehicles and vehicle maintenance revenue in its automobile sales business. Net sales are expected to reach 132,400 million yen (previous forecast +2.1%), operating income 7,900 million yen, ordinary income 7,600 million yen, and net income attributable to owners of parent 4,150 million yen.
Revision to Dividend Forecast and Shareholder Returns
The dividend forecast has also been revised, with the year-end dividend set at 50 yen per share and the annual dividend expected to be 95 yen. The company’s basic policy is a consolidated payout ratio of 30% and a consolidated dividend on equity (DOE) of 2%, aiming to maintain stable dividends. Actual dividends may vary depending on future performance trends.
Kanagawa Chuo Kotsu Co., Ltd.
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