First-corporation Inc. Raises Earnings & Dividend — 46 yen/share

First-corporation Inc. (TSE:1430) revised its earnings and dividend forecast for the 2026 fiscal year, raising its full-year dividend to 46 yen per share.

ItemBeforeAfterChange
RevenueJPY 40.0bnJPY 36.3bn-9.2%
Operating ProfitJPY 2.80bnJPY 2.90bn+3.6%
Ordinary IncomeJPY 2.53bnJPY 2.70bn+6.7%
Net ProfitJPY 1.75bnJPY 1.84bn+5.1%
EPSJPY 146.42/shareJPY 153.39/share+JPY 6.97/share

The revision reflects improved margins in construction projects and increased contract signings in real estate, which boosted operating profit, ordinary income, and net profit. However, lower-than-expected real estate sales due to fewer high-margin deals led to a decline in revenue. Furthermore, the company increased its year-end dividend by 2 yen, signaling stronger cash flow and confidence in future performance.

The upward revision suggests First-corporation Inc. is benefiting from operational improvements in key sectors, which could support earnings growth. The dividend increase may enhance investor sentiment, particularly among income-focused investors.


Source: Original filing (TDnet) | 日本語版

This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.