Kumagai Gumi Co.,Ltd.
Notice Regarding the Recording of Special Gains (Gains on Sale of Investment Securities) and Revisions to Earnings Guidance and Dividend Forecast
Kumagai Gumi Co., Ltd. sold 4,777,600 shares of Sumitomo Forestry Co., Ltd. common stock, recording approximately 4 billion yen in special gains, leading to a 20.1% upward revision of net income attributable to owners of parent from 15,400 million yen to 18,500 million yen for the fiscal year ending March 2026, and an increase in the year-end dividend forecast to 25 yen per share.
Key Figures
- Number of Shares Sold: 4,777,600 shares (Sumitomo Forestry Co., Ltd. Common Stock)
- Special Gains (Gains on Sale of Investment Securities): Approximately 4 billion yen
- Net Income Attributable to Owners of Parent (Consolidated) Forecast: 18,500 million yen (Up 20.1% from Previous Forecast)
AI要約
Recording of Special Gains and Revision of Earnings Guidance
Kumagai Gumi Co., Ltd. plans to sell 4,777,600 shares of Sumitomo Forestry Co., Ltd. common stock held, after January 8, 2026, and record approximately 4 billion yen in gains on sale of investment securities as special gains. Consequently, the consolidated earnings forecast for the fiscal year ending March 2026 has been revised upward for net income attributable to owners of parent from 15,400 million yen to 18,500 million yen, a 20.1% increase. There are no changes to the forecast for net sales, operating income, or ordinary income from the previous outlook.
Revision of Dividend Forecast and Future Policy
Regarding the dividend forecast, taking stock splits into consideration, the year-end dividend has been revised upward from 20 yen per share to 25 yen per share. Kumagai Gumi targets a payout ratio of 40% in its medium-term management plan and aims to appropriately and stably implement profit distribution based on its basic policy for profit allocation. Reflecting the earnings upside from the recording of this special gain, shareholder returns have been enhanced.