Shinko Electric reports steady fiscal year, dividend announced

Shinko Electric Industries reported a modest 2.4% increase in net sales to JPY 215,022 million for the fiscal year ended March 31, 2025. Operating profit also saw a slight rise of 2.2% to JPY 25,354 million, while profit attributable to owners of parent declined 3.9% to JPY 17,875 million. Basic earnings per share were reported at JPY 132.30. The company's equity-to-asset ratio stands at 71.4%, with net assets per share at JPY 2,097.30. Cash flow from operating activities totaled JPY 48,260 million. A year-end dividend of JPY 25.00 per share was declared, with a payout ratio of 18.2%. The company notes that due to its scheduled delisting on June 6, 2025, no dividend forecast is provided for the next fiscal year.