MATSUDA SANGYO Co., Ltd. Revises Earnings & Dividend — H1 Profit Up 41.7%
MATSUDA SANGYO Co., Ltd. (TSE:7456) has raised its earnings and dividend forecasts for the fiscal year ending March 2027, citing stronger-than-expected performance in its precious metals recycling and food-related businesses during the first half.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 340.0bn | JPY 380.0bn | +11.8% |
| Operating Profit | JPY 11.8bn | JPY 16.3bn | +38.1% |
| Ordinary Income | JPY 12.1bn | JPY 17.1bn | +41.3% |
| Net Profit (Parent) | JPY 8.40bn | JPY 11.9bn | +41.7% |
| EPS | JPY 325.05/share | JPY 460.49/share | +JPY 135.44/share |
The company’s precious metals division benefited from higher-than-anticipated recycling volumes in the electronic devices sector, coupled with improved profit margins. Its food-related business also performed better, driven by products aligned with customer demand. For the full year, MATSUDA SANGYO raised revenue guidance to JPY 740.0bn from JPY 700.0bn, with operating profit revised to JPY 28.5bn from JPY 24.0bn. Net profit is now forecast at JPY 20.6bn, up from JPY 17.1bn. The company increased its interim dividend to JPY 60.00 per share from JPY 55.00, and raised the year-end dividend by the same amount, bringing the full-year payout to JPY 120.00 per share.
Management acknowledged downside risks for the second half, citing uncertain production trends in electronic devices and softer personal consumption affecting food demand. Consequently, the company held second-half guidance unchanged, reflecting cautious visibility. The dividend increase reflects management’s commitment to balanced shareholder returns while funding growth investments, though investors should monitor second-half execution given macro headwinds and precious metals price volatility.
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.