Toukei Densan Raises Full-Year Earnings & Dividend on Investment Gains
Toukei Densan (TSE:4746) lifted its fiscal 2026 net profit forecast by JPY 3.1bn and increased the year-end dividend, driven by planned sales of held securities amid robust equity markets.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 21.9bn | JPY 21.9bn | — |
| Operating Profit | JPY 6.8bn | JPY 6.8bn | — |
| Ordinary Income | JPY 7.9bn | JPY 7.9bn | — |
| Net Profit | JPY 5.5bn | JPY 8.6bn | +JPY 3.1bn |
| EPS | JPY 153.08/share | JPY 119.30/share | −JPY 33.78/share |
| Year-end Dividend | JPY 86.50/share | JPY 97.50/share | +JPY 11.00/share |
The company plans to realize JPY 4.3bn in investment securities gains (extraordinary income) during the August–December 2026 period. Recent strength in equity markets has expanded the company’s portfolio relative to total assets, prompting management to rebalance holdings to improve capital efficiency and return on equity. The revision reflects this strategic realization of gains while maintaining operational guidance unchanged.
Net profit rises substantially due to the one-time securities sales, though earnings per share declines following a concurrent stock split announced today. Despite the per-share dilution, the company is raising its year-end dividend to JPY 97.50/share (JPY 390/share on a pre-split basis), signaling enhanced shareholder returns. Management emphasized commitment to stable profit distribution alongside capital efficiency improvements, balancing near-term shareholder value with long-term ROE enhancement.
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.