Sanko Gosei raises dividend forecast amid strong earnings

Sanko Gosei Ltd. (TSE:7888) has revised its dividend forecast, announcing an increase at a meeting of the Board of Directors held on April 8, 2025. The company will raise the year-end dividend to JPY14 per share, a JPY2 increase from the previous forecast. This brings the annual dividend per share to JPY24. Sanko Gosei attributes the increase to solid business performance and adheres to its basic policy of returning profits to shareholders through stable and continuous dividends, taking into account future business development, strengthening of our management structure, and dividend payout ratio. Concurrent with the dividend announcement, Sanko Gosei released its third-quarter financial results, reporting net sales of JPY67.39 billion, a slight decrease of 1.5% year-over-year, while operating profit surged by 47.2% to JPY4.07 billion, and profit attributable to owners of parent increased 59.2% to JPY2.574 billion. The company maintains its full-year forecast of JPY95.00 billion in net sales, JPY4.80 billion in operating profit, JPY4.40 billion in ordinary profit, and JPY2.90 billion in profit attributable to owners of parent, as previously announced on July 11, 2024.