三和ホールディングス: Revenue rose in the interim period, led by higher profit in Japan; full-year dividend forecast to increase by ¥39

三和ホールディングス announced its consolidated results for the second quarter of the fiscal year ending March 2027. Revenue increased 2.6% year on year to ¥317.387 billion, operating profit fell 12.9% to ¥29.332 billion, ordinary profit fell 11.5% to ¥30.527 billion, and interim net profit attributable to owners of the parent fell 16.3% to ¥22.142 billion. Amid the US tariff policy and soaring energy and materials prices, the company focused on passing higher costs through to selling prices and expanding its services business.

Japan revenue rose 2.1% year on year to ¥135.444 billion and segment profit increased 8.1% to ¥15.554 billion, resulting in higher revenue and profit. North American revenue was ¥115.528 billion, while segment profit fell 20.5% to ¥14.680 billion, affected by the sluggish housing market. European revenue was ¥61.569 billion and remained firm, while the segment posted a loss of ¥699 million. In Asia, structural reform in the Huadong region and firm performance in Taiwan continued.

The consolidated full-year forecast for the fiscal year ending March 2027 was revised. Revenue is expected to rise 2.5% from the previous fiscal year to ¥677.000 billion, operating profit to fall 9.0% to ¥72.000 billion, ordinary profit to fall 8.2% to ¥74.000 billion, and net profit to fall 24.7% to ¥45.000 billion. The interim dividend was raised from the previous forecast of ¥62.00 to ¥73.00, while the year-end dividend is planned at ¥96.00, resulting in an expected full-year dividend of ¥169.00 (ordinary dividend ¥155.00, commemorative dividend ¥14.00).

In North America, the company is strengthening its business through the acquisition of Your Automatic Door Company and will pursue regional strategies while remaining exposed to changes in the operating environment.