和田興産 revised its earnings and dividend forecasts for the cumulative six months of the fiscal year ending February 2027. Net sales are expected to rise 4.8% from the previous forecast to ¥22.00 billion, while the dividend forecast was raised by ¥32.00 per share to ¥67.00 for the full year.
和田興産 revised its earnings and dividend forecasts for the cumulative six months of the fiscal year ending February 2027. Net sales are expected to rise 4.8% from the previous forecast to ¥22.00 billion, operating profit 25.0% to ¥2.00 billion, and ordinary profit 50.0% to ¥1.35 billion. Interim net profit is expected to increase 35.7% from the previous forecast to ¥950 million, while interim net profit per share is expected to rise by ¥22.80 from the previous forecast to ¥86.69.
Profitability has improved in the other real estate sales segment and elsewhere during the period, and net sales and profit at each stage are expected to exceed the initial plan. Meanwhile, the full-year earnings forecast as of the end of the second quarter remains unchanged from the initial forecast.
With maintaining and increasing long-term shareholder returns as its basic policy and continued stable dividends as a priority, the company raised its dividend forecast for the end of the second quarter of the fiscal year ending February 2027 from ¥25.00 to ¥32.00 per share. The full-year dividend forecast was revised from ¥60.00 to ¥67.00.