TVE Co., Ltd. Revises Earnings & Dividend — Operating Profit +64.3%
TVE Co., Ltd. (TSE:6466) has raised its full-year earnings and dividend forecasts for the fiscal year ending September 2026, citing stronger-than-expected performance in its valve and electrical equipment businesses.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 10.5bn | JPY 11.2bn | +6.7% |
| Operating Profit | JPY 700M | JPY 1.15bn | +64.3% |
| Ordinary Income | JPY 750M | JPY 1.29bn | +72.0% |
| Net Profit | JPY 520M | JPY 820M | +57.7% |
| EPS | JPY 221.77/share | JPY 349.55/share | +JPY 127.78/share |
The company attributed the upward revision to robust demand in its valve and electrical equipment divisions, which are tracking ahead of initial projections. Additionally, inventory buildup has remained below expectations, and provisions for order losses are lower than anticipated. Strong third-quarter results are expected to carry through to the fiscal year-end.
The revision reflects a significant operational turnaround. Operating profit surged 64.3% to JPY 1.15bn, while ordinary income (keijo rieki)—a Japan-specific metric encompassing operating profit plus non-operating items—jumped 72.0% to JPY 1.29bn. Net profit climbed 57.7% to JPY 820M. Earnings per share rose to JPY 349.55/share from JPY 221.77/share. Alongside the earnings lift, TVE increased its annual dividend to JPY 55.00/share from JPY 40.00/share, raising the year-end payout to JPY 35.00/share while maintaining the interim dividend at JPY 20.00/share. The dividend hike signals management confidence in sustained profitability and underscores a strengthened commitment to shareholder returns.
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.