Ｋ＆Ｏエナジーグループ raised its forecast for consolidated ordinary profit for the current period and also announced an increase in its dividend forecast. Cumulative results for the second quarter were higher year on year, prompting revisions to the full-year outlook and second-half plan.
Ｋ＆Ｏエナジーグループ, which announced its earnings on 12 August, reported consolidated ordinary profit of ¥7.24 billion for the six months ended June 2026, up 1.6% year on year, turning the previous forecast for a decline into an increase.
At the same time, the full-year consolidated ordinary profit forecast was raised from ¥10.3 billion to ¥10.9 billion, narrowing the expected decline from 12.0% to 6.8%.
The annual dividend for the current period was also substantially increased from the previous plan of ¥45 to ¥59, while second-half ordinary profit is expected to decline 20.0% year on year to ¥3.65 billion.
Second-quarter results were revenue of ¥478.34 billion, operating profit of ¥55.06 billion, net profit of ¥34.90 billion and a dividend per share of ¥15. Compared with first-half results and the previous forecasts, the growth in profit attracted attention.