乾汽船 announced plans to revise its ordinary profit forecast for the current fiscal year upward by 32.4% and increase its annual dividend to ¥45.53. First-quarter sales and ordinary profit significantly exceeded the levels recorded in the same period of the previous year, prompting an upward revision to the full-year profit forecast.
According to the earnings report announced by 乾汽船 in the afternoon session on 7 August, ordinary profit for the first quarter of the fiscal year ending March 2027 expanded to approximately 24 times the level in the same period of the previous year. Sales were approximately ¥8.4 billion, while operating profit was approximately ¥1.6 billion. In response, the full-year ordinary profit forecast was revised upward from the previous ¥4.32 billion to ¥5.72 billion.
The full-year net profit forecast was also raised substantially, from the previous ¥1.95 billion to ¥5.32 billion, with the earnings growth multiple increasing from 2.2 times to approximately 2.9 times. The company also announced that its annual dividend for the current fiscal year would change from ¥34.72 to ¥45.53. The dividend for the previous fiscal year was ¥9.93.
The profit outlook under the first-half plan (April-September) was also revised upward, with the projected profit changed from ¥2.08 billion to ¥2.74 billion. The sales margin for the first quarter is expected to improve sharply from 1.6% to 11.6%, highlighting the strength of the company's performance.