和田興産 raised its earnings and dividend forecasts for the cumulative second quarter of the fiscal year ending February 2027. Net sales are expected to be approximately ¥22.0 billion, operating profit approximately ¥2.0 billion, and the dividend was revised to ¥32 per share, or ¥67 for the full year.
和田興産 revised its earnings and dividend forecasts for the cumulative second quarter of the fiscal year ending February 2027. The company plans to leave its initial full-year forecasts unchanged, with no revisions to its full-year earnings forecasts at this point.
Under the new outlook, net sales were revised upward from the previous forecast to ¥22.00 billion. Operating profit was also raised by ¥400 million to ¥2.00 billion, while ordinary profit was increased by ¥450 million to ¥1.35 billion. Interim net profit was raised by ¥250 million to ¥950 million, and interim net profit per share was increased to ¥86.69.
The company said it expects profitability to improve, partly because the sale of properties in the Other Real Estate Sales segment is expected to take place earlier than planned.
The dividend forecast was revised from ¥25.00 to ¥32.00 per share, an increase of ¥7.00, while the full-year dividend forecast was raised from ¥60.00 to ¥67.00.
The company is carefully reviewing future earnings trends and the sustainability of its dividend policy while leaving its initial forecasts unchanged.