After the market close on 4 November, Rasa Industries,Ltd. announced revisions to its earnings and dividend forecasts. Consolidated ordinary profit for the first half was revised upward from the previous forecast of ¥2.9 billion to ¥3.6 billion, and was reported to be expected to increase 22.0% year on year. Full-year ordinary profit was also revised upward to ¥7.6 billion, while the annual dividend is expected to be increased to ¥43.
After the market close on 4 November, Rasa Industries,Ltd. announced revisions to its earnings forecast for the current fiscal year. Consolidated ordinary profit for the cumulative second quarter (April-September) was raised from the previous forecast of ¥2.9 billion to ¥3.6 billion, exceeding the previous forecast, while ordinary profit in the same period of the previous year was ¥2.95 billion. First-half profit was therefore expected to increase 22.0%.
Full-year consolidated ordinary profit was also revised upward from the previous forecast of ¥6.3 billion to ¥7.6 billion, representing an expected increase of 20.6% from ¥6.19 billion in the previous fiscal year. The growth rate was expected to expand to 22.8%.
At the same time, the annual dividend for the current fiscal year was announced to be increased from ¥36 to ¥43. It was noted that this comparison does not convert the dividend into the ¥180 paid for the previous fiscal year before the stock split.
The article states that its information was prepared based on publicly disclosed company data and advises readers to check the earnings report.