Tekken Corp raises earnings, increases dividend forecast

Tekken Corporation has revised its consolidated earnings forecast for the fiscal year ending March 31, 2025, projecting net sales of JPY 186.1 billion, up from the previous forecast of JPY 184.0 billion. Operating profit is now expected to reach JPY 3.5 billion, a notable increase from the prior forecast of JPY 2.9 billion. Recurring profit is projected at JPY 3.02 billion, up from JPY 2.4 billion, and net profit attributable to owners of the parent is revised to JPY 3.43 billion from JPY 3.0 billion. Earnings per share are now anticipated to be JPY 242.81. The company attributes these revisions to stronger-than-expected construction progress and improved profitability.