Achilles Corporation Raises Net Profit Forecast 69% on Investment Gains
Achilles Corporation (TSE:5142) has raised its earnings and dividend guidance for the fiscal year ending March 2027, driven by planned gains on the sale of investment securities.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 82.5bn | JPY 82.5bn | +0.0% |
| Operating Profit | JPY 2.20bn | JPY 2.20bn | +0.0% |
| Ordinary Income | JPY 2.00bn | JPY 2.00bn | +0.0% |
| Net Profit | JPY 1.30bn | JPY 2.20bn | +69.2% |
| EPS | JPY 95.13/share | JPY 160.99/share | +69.2% |
The company maintained its revenue, operating profit, and ordinary income (keijo rieki) forecasts at JPY 82.5bn, JPY 2.20bn, and JPY 2.00bn respectively, citing ongoing Middle East geopolitical risks. However, Achilles raised net profit attributable to parent shareholders to JPY 2.20bn from JPY 1.30bn, reflecting a decision to realize gains on held investment securities as extraordinary income. Earnings per share climbed to JPY 160.99 from JPY 95.13.
The company also increased its annual dividend to JPY 50.00 per share from JPY 30.00, a 67% increase aligned with its medium-term management plan targeting a dividend payout ratio of 30% or higher through fiscal 2027. The revised payout ratio stands at 31.1%, demonstrating a commitment to stable shareholder returns despite operational headwinds.
The revision reflects Achilles’ strategy to optimize its investment portfolio while maintaining disciplined capital allocation. The extraordinary gains provide a one-time boost to profitability without affecting core business performance, allowing the company to enhance shareholder distributions within its stated dividend policy framework.
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.