Hoden Seimitsu forecast misses target but boosts dividend

Hoden Seimitsu Kako Kenkyusho (TSE:6469) announced that its FY2025 consolidated earnings forecast, released on October 3, 2024, diverged from actual results. While sales reached JPY 12.89B, down from the projected JPY 12.95B, operating profit significantly exceeded expectations at JPY 689M versus JPY 391M forecast. Consequently, net income attributable to the parent company's shareholders was JPY 583M, above the forecasted JPY 227M. This boost prompted the company to revise its year-end dividend forecast upward to JPY 12.00 per share, a JPY 5.00 increase. These results also factored in an JPY 84M income adjustment due to deferred income tax. For FY2026, the company anticipates sales of JPY 14.40B, operating profit of JPY 714M, and net income attributable to parent company shareholders of JPY 396M. Additionally, effective May 23, 2025, director Jun Yabe will retire, and director Takaji Takahashi will assume the role of overseas strategy manager.