Paraca Inc. Raises Net Profit Forecast 8.9%, Boosts Dividend
Paraca Inc. (TSE:4809) has raised its earnings and dividend guidance for the fiscal year ending September 2026, driven by a one-time asset sale that more than offset operational headwinds.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 18.6bn | JPY 18.7bn | +0.5% |
| Operating Profit | JPY 3.43bn | JPY 3.11bn | -9.2% |
| Ordinary Income | JPY 3.04bn | JPY 2.76bn | -9.2% |
| Net Profit | JPY 2.09bn | JPY 2.28bn | +8.9% |
| １株当たり当期純利益 | JPY 207M | JPY 225M | +8.9% |
The parking lot operator revised net profit upward by JPY 187M to JPY 2.28bn, reflecting a special gain of approximately JPY 870M from the sale of fixed assets held in Sapporo. However, operating profit and ordinary income (keijo rieki)—a Japan-specific metric encompassing operating profit plus non-operating items—both declined 9.2% due to higher startup costs at newly opened parking facilities and the impact of severe winter snowfall. Earnings per share rose to JPY 225.41 from JPY 206.95.
Paraca raised its annual dividend by JPY 2.00 to JPY 72.00 per share, reflecting the upward net profit revision and the company’s capital allocation policy balancing shareholder returns with financial health and investment capacity. The dividend increase represents a 5 yen gain versus the prior fiscal year’s actual payout.
The revision underscores Paraca’s strategy to leverage one-time gains while managing near-term operational pressures. International investors should note that the ordinary income decline signals underlying business challenges, though the special asset sale provides near-term earnings support and enables enhanced shareholder distributions.
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.