Koei Tecmo surpasses forecasts, revises dividend upward after strong year

Koei Tecmo Holdings (TSE:3635) announced a revision of its earnings forecast and an increase in its dividend payout following a strong performance in fiscal year 2025, ended March 31. The company's net sales reached JPY 83.15 billion, slightly below the previous forecast of JPY 90 billion, but operating profit exceeded expectations at JPY 32.119 billion compared to the forecast of JPY 30 billion. Ordinary profit also surpassed estimates, reaching JPY 49.988 billion against the projected JPY 40 billion. This strong performance translated into a profit attributable to owners of the parent of JPY 37.628 billion, or JPY 119.14 per share, exceeding the previous forecast of JPY 30 billion, or JPY 95.04 per share. The Board has resolved to increase the year-end dividend to JPY 60 per share, up from the initially projected JPY 48, bringing the total annual dividend to JPY 60, and representing a consolidated payout ratio of 50.4%. Looking ahead, Koei Tecmo forecasts net sales of JPY 92 billion, operating profit of JPY 31 billion, ordinary profit of JPY 37 billion, and profit attributable to owners of parent of JPY 27 billion for fiscal year 2026.