Yamada Consulting Group ups earnings, dividend forecasts

Yamada Consulting Group (TSE:4792) announced revisions to its full-year consolidated earnings forecast and year-end dividend forecast for the fiscal year ending March 31, 2025. The company now expects net sales of JPY 22,700 million, up from the previous forecast of JPY 21,100 million. Operating income is projected to be JPY 4,150 million, compared to the prior estimate of JPY 3,730 million. Net income attributable to owners of the parent is now forecast at JPY 2,920 million, an increase from the initial JPY 2,870 million. Accordingly, the earnings per share forecast has been adjusted to JPY 153.04. The company attributes this positive revision to strong performance in its M&A advisory and management consulting businesses, as well as the consolidation of Pinnacle Co., Ltd. The year-end dividend forecast has also been revised upward to JPY 39.00 per share, resulting in a total annual dividend of JPY 77.00 per share.