シモジマ raised its consolidated earnings and dividend forecasts for the fiscal year ending March 2027. Revenue was raised from ¥66 billion to ¥68.5 billion, operating profit from ¥3.7 billion to ¥4.5 billion, and net income from ¥2.6 billion to ¥3.1 billion, while the annual dividend was raised to ¥66. It also announced its September interim results.
After the close of trading on the day, シモジマ raised its consolidated earnings forecast for the fiscal year ending March 2027. Revenue was raised from ¥66 billion to ¥68.5 billion, operating profit from ¥3.7 billion to ¥4.5 billion, and net income from ¥2.6 billion to ¥3.1 billion. At the same time, its interim and year-end dividend forecasts were each raised to ¥33, increasing the annual dividend from ¥5×9 to ¥66.
The reasons for the revision included maintaining product supplies as far as possible in response to concerns about shortages of naphtha-derived products amid instability in the Middle East, as well as passing on higher raw-material costs through prices. The company said these factors resulted in substantial increases in revenue and profit in the first half.
In the September interim results announced at the same time, revenue was ¥35.799 billion, up 16.6% year on year, operating profit was ¥3.138 billion, 2.3 times the year-earlier level, and net income was ¥2.296 billion, 2.2 times the year-earlier level.