Envipro Holdings Raises FY2026 Earnings Forecast 39% on Metal Price Strength

Envipro Holdings Raises FY2026 Earnings Forecast 39% on Metal Price Strength

Envipro Holdings Inc. (TSE:5698), a Japanese environmental recycling and resource recovery company, raised its earnings and dividend guidance for the fiscal year ending June 2026, citing robust commodity prices and operational improvements.

Item	Before	After	Change	Change %
Revenue	JPY 43.0bn	JPY 44.4bn	JPY 1.4bn	3.3%
Operating Profit	JPY 2.3bn	JPY 3.2bn	JPY 0.9bn	39.1%
Ordinary Income	JPY 2.6bn	JPY 3.5bn	JPY 0.9bn	34.6%
Net Profit	JPY 1.8bn	JPY 2.4bn	JPY 0.6bn	33.3%
EPS	JPY 63.24/share	JPY 84.32/share	JPY 21.08/share	33.3%
Year-end Dividend	JPY 22/share	JPY 25/share	JPY 3/share	13.6%
Annual Dividend	JPY 22/share	JPY 25/share	JPY 3/share	13.6%

The company attributed the upward revision to favorable market conditions, including steady iron scrap prices supported by supply-demand improvements and yen weakness, alongside historically elevated non-ferrous metals and precious metals prices. Rare metals used in lithium-ion batteries remained resilient. Internally, Envipro cited deepened sorting technology enhancing high-value material recovery and structural reform benefits materializing in the fourth quarter, driving margin expansion beyond initial expectations across key business segments.

The revision underscores improving profitability from both external tailwinds and operational execution. The 39.1% operating profit increase, coupled with a 13.6% year-end dividend raise to JPY 25/share, signals management confidence in sustained earnings momentum and reinforces shareholder capital returns. International investors should note that ordinary income (keijo rieki), a Japan-specific metric, includes non-operating financial items and differs from operating profit.

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.