T.RAD Co., Ltd. Raises FY2027 Earnings Forecast; Dividend Increased to JPY 82.00/share
T.RAD Co., Ltd. (TSE:7236) has raised its full-year earnings and dividend guidance for the fiscal year ending March 2027, citing stronger-than-expected domestic cost improvements and steady overseas demand.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 163.0bn | JPY 165.0bn | +1.2% |
| Operating Profit | JPY 11.7bn | JPY 12.3bn | +5.1% |
| Ordinary Income | JPY 13.1bn | JPY 13.4bn | +2.3% |
| Net Profit | JPY 9.00bn | JPY 9.50bn | +5.6% |
| EPS | JPY 159.00/share | JPY 167.79/share | +5.5% |
The company lifted revenue guidance by JPY 2.0bn to JPY 165.0bn, with operating profit climbing JPY 600M to JPY 12.3bn—a 5.1% increase. Net profit rose JPY 500M to JPY 9.50bn. Management attributed the upward revision to confirmed customer sales plans and improved cost dynamics. Domestic operations faced aluminum and raw material price pressures in the first quarter, but material cost pass-through mechanisms are expected to ease margin headwinds from the second quarter onward. Overseas divisions in the United States, Europe, and Asia are tracking ahead of plan.
The annual dividend has been increased by JPY 2.00 per share to JPY 82.00, reflecting the company’s commitment to progressive shareholder returns. The increase aligns with T.RAD’s stated dividend policy targeting a dividend-on-equity ratio exceeding 5%, a payout ratio of 50% or higher, and consistent dividend growth. The earnings revision across all profit lines—particularly the 5.1% operating profit uplift—underscores improving operational efficiency and demonstrates management confidence in sustained demand momentum through the fiscal year.
Source: Original filing (TDnet) | 日本語版
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