Heiwado FY25 profits soar, outlines enhanced shareholder returns

Heiwado (TSE:8276) reported a strong financial performance for the fiscal year ending February 2025, with profits attributable to owners of the parent surging 58.1% to JPY10.73 billion. Revenues increased 4.6% to JPY444.89 billion. Looking ahead, Heiwado aims to achieve a ROE of 8% and operating profit margin above 4.5% by 2030. The company's strategy includes increasing store productivity and enhancing sales. To boost returns, Heiwado plans to increase dividends to JPY63 per share for FY25 and JPY66 for FY26, and implement share buybacks. Heiwado's strategic plans include an absorption-type merger with wholly owned subsidiary Yell Co., Ltd., effective August 21, 2025, to optimize operations. The company also released an updated plan on engaging with investors to increase the stock price.