Ordinary profit rose 22.7% and dividend forecast revised following stock split, indicating strong earnings and shareholder return.
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Consumer Discretionary
7975
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Climate Adaptation & Water
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Mentioned
Light Industry announced that consolidated ordinary profit for the first quarter of the fiscal year ending March 2027, covering April to June, rose 22.7% year on year to 3.44 billion yen, achieving a progress rate of 44.8% against the first-half plan of 7.7 billion yen. At the same time, in connection with a 1-for-4 stock split effective September 30, the company revised its annual dividend forecast from the previous 146 yen to 66.5 yen, though on a pre-split basis this equates to 146 yen, leaving the effective dividend unchanged. The operating profit margin for the April–June period improved to 11.3% from 9.1% a year earlier.
Ordinary profit rose 22.7% and dividend forecast revised following stock split, indicating strong earnings and shareholder return.