Senshu Ikeda boosts FY2024 profit, outlines growth strategy

** Senshu Ikeda Holdings (TSE:8714) has announced its FY2024 financial results, showcasing a profit attributable to owners of the parent company of JPY 13.2 billion, up JPY 2.3 billion year-over-year, prompting an upward revision of the annual dividend forecast. This performance prompted the company to revise its FY2025 forecast, now anticipating consolidated net profit attributable to owners of JPY 14.7 billion and a return on equity (ROE) of 6.1%. With a goal to achieve a price-to-book ratio (PBR) of 1, the company aims for an ROE of 8% by FY2028. As part of its strategy to enhance shareholder returns, Senshu Ikeda plans to pay out dividends of JPY 16 or more per share in FY2025, targeting a shareholder return ratio of approximately 40%. The company is also continuing its strategic investments, including the establishment of a digital banking subsidiary, 01Bank, which secured a banking license in February 2025 and intends to collaborate with platformers to deliver innovative financial services. Additionally, the company stated it acquired 0 shares of its own common stock at JPY 0 cost from May 13, 2025 to May 31, 2025.