Takeuchi Manufacturing announced that it had revised its current fiscal-year ordinary profit forecast upward to ¥25.1 billion, up 6.0% year on year, and expects full-year profit to rise 21.1% to ¥44.2 billion. It also raised its annual dividend to ¥245.
Takeuchi Manufacturing announced consolidated ordinary profit of ¥25.1 billion for the cumulative second quarter of the fiscal year ending February 2027 (March-August), up 6.0% from the previous period, turning to profit from its previous forecast for a decline.
At the same time, it revised its full-year consolidated ordinary profit forecast upward from ¥36.5 billion to ¥44.2 billion, forecasting an increase of approximately 12.8% from the previous fiscal year. This is expected to mark a record high for the sixth consecutive fiscal year.
For the second half, it estimates consolidated ordinary profit of ¥19.0 billion for the September-February period, up 23.1% year on year, following the upward revision to its earnings outlook.
The company revised its annual dividend for the current fiscal year upward from its previous plan of ¥220 to ¥245. Consolidated ordinary profit for the latest three-month period, June-August, was ¥14.6 billion, up 10.1% year on year, although the operating margin declined.