GS Yuasa Corporation's share price has remained volatile into late October, with rebound and correction phases alternating.
On 23 October, it was reported that Rheos Capital Works had emerged as a major shareholder with a 5.33% stake, and the share price stood at ¥4,666 that day, almost unchanged from the previous day. In subsequent trading, the price recovered to ¥4,776 by 29 October, but fell to ¥4,613 on 30 October, with the rebound also continuing to lose momentum over the most recent 5 trading days.
The results for the first quarter of the fiscal year ending March 2027 were announced on 5 August. Revenue was ¥141.7 billion, up 7.5% year on year, and operating profit was ¥11.5 billion, up slightly more than 26% year on year. The outlook for quarterly net income was ¥39.5 billion, representing a projected decline of 5.6% from the previous fiscal year.
By segment during the same period, the Mobility business drove performance, while overseas lead-acid battery sales increased in Europe and Southeast Asia and the weaker yen expanded profits. Social Infrastructure saw a decline in orders for emergency power supply equipment, with differences in performance across the businesses reflected in the overall earnings structure.
As of 5 August, the annual dividend for the fiscal year ending March 2027 was projected at ¥98, indicating a policy of increasing the dividend from ¥90 in the previous fiscal year. Despite the recent share price correction, the company is expected to maintain its policies of earnings growth and shareholder returns.