Waseda Academy Co., Ltd.
Notice of Revision to Earnings Guidance and Dividend Forecast (Dividend Increase)
Revised upward the earnings guidance and dividend forecast for the fiscal year ending March 2027. Full-year net sales: 40,520 million yen → 40,900 million yen; Operating income: 4,239 million yen → 4,770 million yen; Ordinary income: 4,274 million yen → 4,780 million yen; Net income attributable to owners of parent: 2,752 million yen → 3,080 million yen. Year-end dividend raised to 55 yen, resulting in an annual dividend of 85 yen.
Key Figures
- Net sales: 40,520 million yen → 40,900 million yen (full-year forecast)
- Operating income: 4,239 million yen → 4,770 million yen
- Net income attributable to owners of parent: 2,752 million yen → 3,080 million yen
- Net income per share: 148.79 yen → 169.76 yen
- Annual dividend: 85 yen
AI要約
Points of the Earnings Guidance Revision
An increase in student enrollment and stronger-than-expected attendance at intensive summer training courses are expected to drive higher-than-anticipated net sales and profits, leading to upward revisions of sales and all profit forecasts. Cost reviews and restraint in personnel expenses are expected to reduce cost of sales and selling, general and administrative expenses, resulting in an upward revision of the full-year earnings guidance.
Dividend Policy and Shareholder Returns
An annual dividend of 85 yen is expected. The breakdown is 30 yen at the end of the second quarter and 55 yen at year-end, with the year-end dividend increased by 10 yen from the previous forecast. The company aims for a dividend payout ratio of 50% or higher as set out in the medium-term plan, and while maintaining stable dividends as the basic policy, it will consider raising the dividend level.
Waseda Academy Co., Ltd.
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