Kamei Corporation Raises Earnings & Dividend Forecast on Oil Price Gains

Kamei Corporation Raises Earnings & Dividend Forecast on Oil Price Gains

Kamei Corporation (TSE:8037) has raised its earnings and dividend guidance for the fiscal year ending March 2027, citing strong cost pass-through amid elevated crude oil prices driven by Middle East supply concerns.

For the full fiscal year, the company lifted net profit guidance to JPY 12.05bn from JPY 11.0bn, a 9.5% increase. Operating profit rose 11.8% to JPY 19.57bn, while ordinary income (keijo rieki)—a Japan-specific metric capturing non-operating items—climbed 13.9% to JPY 17.89bn.

The revision reflects management’s success in maintaining stable petroleum product supply while passing through higher crude costs to customers in a volatile geopolitical environment. Operating leverage from improved margins offset modest revenue growth of 1.6% to JPY 624.91bn.

Kamei also raised its annual dividend to JPY 136 per share from JPY 130, marking the 12th consecutive year of dividend increases. The interim dividend rises to JPY 68 per share, with the year-end dividend also set at JPY 68. The payout increase aligns with the company’s long-term management policy revised in May 2026 and reflects confidence in sustained profitability.

The upward revision signals Kamei’s operational resilience in commodity-driven markets and underscores management’s commitment to shareholder returns despite macroeconomic headwinds. International investors should note that ordinary income includes financial income and expenses, making it broader than operating profit alone.

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.