ARE Holdings announced its earnings after the market close on 4 November. Cumulative net income for the second quarter rose to ¥20.9 billion, and the full-year net income forecast was raised to ¥36 billion, with the annual dividend also increased to ¥155.
According to the IFRS results announced after the market close on 4 November, ARE Holdings' consolidated net income for the cumulative second quarter of the fiscal year ending March 2027 rose 92.9% year on year to ¥20.9 billion, exceeding the previous forecast of ¥14 billion.
Full-year consolidated net income was revised upward by 24.1% from the previous forecast of ¥29 billion to ¥36 billion. The forecast profit growth rate also increased from the previous fiscal year, further raising the forecast for record-high profit.
Based on first-half results and the full-year plan, net income for the October-March period is expected to reach ¥15 billion, up 10.9% year on year.
The annual dividend for the current fiscal year was revised upward from the previous plan of ¥135 to ¥155.