CASIO COMPUTER CO., LTD. announced that it had revised upward its earnings outlook for the fiscal year ending March 2027 and would increase its annual dividend to ¥50. The move follows strong global performance in its core watch business.
CASIO COMPUTER CO., LTD. announced that it had revised upward its consolidated earnings outlook for the fiscal year ending March 2027, raising revenue from ¥300 billion to ¥310 billion, operating profit from ¥34 billion to ¥39 billion, and net income from ¥23.5 billion to ¥27 billion. It also indicated that its previously undetermined dividend outlook would be set at ¥25 each for the interim and year-end dividends, for an annual total of ¥50. The announcement has been well received by the market.
The strong earnings outlook is attributed to the success of the two-pronged G-SHOCK and CASIO WATCH strategy, which helped the core watch business perform steadily worldwide. Expectations are growing that this will lead to corresponding growth in revenue and profit.
For the interim period, revenue was ¥157.5 billion, up 18.7% year on year, operating profit was ¥24 billion, 4. times the year-earlier level, and net income was ¥16.6 billion, 2.1 times the year-earlier level. Expectations are also rising for the contribution to earnings in the second half. The full-year outlook, including the higher dividend, is attracting the attention of market participants.
Looking ahead, the company has indicated that it aims to sustain higher revenue and profit by expanding its watch business globally and introducing new products, thereby stabilizing its earnings power. Investors will continue to monitor demand trends underpinning the upward revision and the feasibility of the dividend policy.