KAGA ELECTRONICS announced a policy of raising its ordinary profit forecast for the current fiscal year by 7% and increasing its dividend by ¥20. The details were made public to the market as an earnings flash.
Through its earnings announcement, KAGA ELECTRONICS disclosed that it had raised its forecast for ordinary profit for the current fiscal year by 7% from its previous forecast. It also announced that it would increase the dividend per share by ¥20. This information was presented as a formal policy based on the earnings announcement.
The release does not provide details such as the specific revised amount or the timing of its application, but indicates that the company has announced both an improvement in performance for the current fiscal year and an expansion of shareholder returns. Further information and the disclosure of earnings materials are awaited.