Tsugami Corporation raises earnings and dividend forecasts for FY2025

Tsugami Corporation (TSE:6101) announced revisions to its full-year consolidated earnings and dividend forecasts for the fiscal year ending March 31, 2025. The company now expects sales revenue of JPY107,410 million, up from the previous forecast of JPY97,000 million. Operating profit is projected at JPY23,250 million, compared to the earlier estimate of JPY18,500 million. Profit attributable to owners of the parent is revised upwards to JPY10,870 million from JPY8,000 million. The company attributes this positive revision to steady business growth across its locations, leading to revenue and profits exceeding previous expectations, despite overall market uncertainty. Concurrently, Tsugami has increased its year-end dividend forecast by JPY5 to JPY32 per share, bringing the total annual dividend to JPY59 per share. This revision reflects the company's policy of providing stable dividends while maintaining a strong financial position.