Shimizu Corporation's upward revision to its full-year forecast ahead of schedule and dividend increase were reported in the afternoon session, while Tsumura, Round One, JK Holdings, Zuken and Mitsui O.S.K. Lines also announced results and measures. The developments affected trading in the afternoon session.
Shimizu Corporation raised its consolidated operating profit forecast for the full fiscal year ending March 2027 from the previous ¥153.0 billion to ¥192.0 billion, while first-half operating profit was ¥88.07 billion, 2.3 times the year-earlier level. It also announced that the interim dividend would be raised from ¥38.5 to ¥44.5 and the year-end dividend from ¥38.5 to ¥44.5, increasing its annual dividend forecast to ¥89.
Tsumura reported consolidated operating profit of ¥18.85 billion for the first half of the fiscal year ending March 2027, up 10.1% year on year. Sales of prescription Kampo products increased across 129 formulations, and revenue from its China business rose 88.2%, absorbing higher cost of sales and increased selling, general and administrative expenses. The full-year operating profit forecast was left unchanged at ¥38.40 billion.
Round One reported that October domestic same-store sales rose 26.9% year on year and domestic company-wide sales were ¥9.87 billion. Strong amusement sales and growth in bowling and karaoke contributed, with the increase estimated at approximately 24% on a like-for-like basis.
JK Holdings announced consolidated operating profit of ¥3.84 billion for the first half of the fiscal year ending March 2027, up 26.4% year on year. It indicated a policy of reintroducing its shareholder benefit program, under which QUO Cards will be awarded to holders of 100 or more shares.
Zuken raised its consolidated operating profit forecast for the full fiscal year ending March 2027 to ¥7.30 billion, up 24.5% from the previous fiscal year. First-half operating profit was ¥3.69 billion, up 55.5% year on year, supported by solid sales of design solutions. It plans to cancel 1,174,284 treasury shares, representing 5.28% of shares outstanding.
Mitsui O.S.K. Lines turned lower in the afternoon session. Consolidated net profit for the first half of the fiscal year ending March 2027 was ¥179.31 billion, while equity in earnings of affiliates was ¥97.3 billion. It also established a share buyback program for up to 9 million shares and ¥50 billion, and announced that the record date for a stock split would be 31 December, with the effective date set for 1 January 2027. The split will make 1 share into 3, with the dividend forecast expected to be effectively unchanged.