Takamatsu Construction Group raised its earnings forecast for the fiscal year ending March 2027. Operating profit was raised to ¥24.0 billion and revenue to ¥410.0 billion, while the year-end dividend was increased to ¥98, bringing the full-year dividend to ¥170.
Takamatsu Construction Group raised its full-year earnings forecast for the fiscal year ending March 2027. Operating profit was raised from the previous ¥20.0 billion to ¥24.0 billion, and revenue from ¥400.0 billion to ¥410.0 billion, driven in particular by strong performance in the real estate business and improved margins in the construction business.
The year-end dividend plan was increased by ¥26 from the previous forecast to ¥98. Combined with the interim dividend of ¥72, the full-year dividend will be ¥170.
The company's stock has updated its year-to-date high in response. The earnings forecast revision and stronger dividend policy are viewed as among the factors behind the move.