Totetsu Kogyo Co., Ltd.
Notice on Revision of Earnings Guidance and Dividend Forecast (Dividend Increase)
For the fiscal year ending March 2026, consolidated net sales have been upwardly revised to 155.2 billion yen, a 0.6% increase from the previous forecast; operating income to 17.0 billion yen, a 17.2% increase; and net income to 12.2 billion yen, a 10.9% increase. The dividend is also increased to an annual 150 yen per share.
Key Figures
- Consolidated Net Sales: 155,200 million yen (0.6% increase from previous forecast)
- Consolidated Operating Income: 17,000 million yen (17.2% increase from previous forecast)
- Annual Dividend: 150 yen (up from 140 yen previously forecast)
AI要約
Reasons for Revision of Earnings Guidance
The full-year consolidated earnings forecast for the fiscal year ending March 2026 has been revised. Due to steady progress of a large backlog of projects, order activities with a focus on profitability, improved productivity through technological development, and continued efficiency gains from mechanization, profit margins have improved, leading to sales and earnings figures exceeding the previous forecast. As a result, net sales were revised to 155.2 billion yen (0.6% increase from previous forecast), operating income to 17.0 billion yen (17.2% increase), and net income to 12.2 billion yen (10.9% increase).
Revision of Dividend Forecast and Shareholder Return Policy
The dividend forecast has also been revised, with the annual dividend increased to 150 yen per share (interim dividend of 70 yen, year-end dividend of 80 yen). This reflects management policies under the medium-term management plan 'Action Plan 2029', which emphasizes capital cost and stock price considerations, and adopts a basic policy of a DOE of 3% or greater and progressive dividends. Taking into account this revision of earnings guidance, the company is proactively enhancing shareholder returns.
