After the close of trading on 29 September, Daitobo raised its forecast for net profit for the interim period ending September from ¥30 million to ¥85 million. The company cited receipt of an ¥80 million surplus dividend following an extraordinary settlement by an investee company.
After the close of trading on 29 September, Daitobo raised its consolidated net profit forecast for the interim period ending September from the previous ¥30 million to ¥85 million. The forecast is approximately 2.7 times the level of the same period a year earlier, with the extraordinary dividend cited as the reason for the upward revision.
The dividend was a surplus dividend from an investee company following an extraordinary settlement. Daitobo had initially incorporated part of it into its forecast for the second half, but will now recognize it earlier than expected. The amount received was ¥80 million, providing an earnings boost.
Following receipt of the dividend, market attention is expected to focus on the company's future outlook and how it will be reflected in second-half earnings. The article does not mention any additional changes to specific figures or dates.