Star Mica Holdings Co., Ltd. Raises Earnings & Dividend — H2 FY2026 Profit Up 29–42%

Star Mica Holdings Co., Ltd. Raises Earnings & Dividend — H2 FY2026 Profit Up 29–42%

Star Mica Holdings Co., Ltd. (TSE:2975), a Japanese real estate developer specializing in renovated properties, has raised its earnings and dividend forecasts for the fiscal year ending November 2026, citing stronger-than-expected operational momentum.

For the interim period (first half), the company lifted net profit guidance to JPY 4.07bn from JPY 2.89bn, a 40.7% increase. Full-year net profit is now projected at JPY 6.03bn, up 18.4% from the prior forecast of JPY 5.10bn. Earnings per share for the full year are revised to JPY 167.62 from JPY 141.61.

The revision reflects strong execution in the company’s core owner-change property segment, where the acquisition-to-renovation-to-sale cycle has optimized, driving a significant increase in unit sales. Management also cited improved pricing power in mid-to-high-price urban markets, lifting both average selling prices and gross margins above initial expectations. The company achieved record first-quarter results and has maintained that momentum through the interim period.

Star Mica has increased its annual dividend to JPY 51.00 per share from JPY 45.00, a 13.3% raise, reflecting improved capital allocation discipline. The interim dividend rises to JPY 25.50 from JPY 22.50, as does the year-end dividend. The company targets a 40% total payout ratio based on its strengthened financial position and equity base. The dividend increase signals management confidence in sustained profitability and disciplined capital deployment going forward.

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.