Japan Transcity ups earnings and dividend forecasts for FY2025

Japan Transcity Corporation (TSE:9310) has announced revisions to its financial results forecast and dividend forecast for the fiscal year ending March 31, 2025. The company now anticipates consolidated operating revenue of JPY124,760 million, up from the previous forecast of JPY124,000 million. Consolidated operating income is projected at JPY7,800 million, a significant increase from the earlier JPY6,800 million estimate. Similarly, consolidated ordinary profit is now expected to reach JPY8,800 million, compared to the initial JPY7,800 million. Net income attributable to owners of the company is also revised upwards, from JPY5,400 million to JPY6,040 million, resulting in per share earnings of JPY95.73.