Kitanotatsujin Corporation beats Q1 forecasts, targets 23.6bn yen sales

Kitanotatsujin Corporation reported Q1 consolidated net sales of 2.596 billion yen, beating forecasts by 2.5%, with operating profit of 240 million yen, 2.0% above expectations.

The company unveiled its "Medium-Term Management Plan 2028," targeting consolidated net sales of 23.564 billion yen and operating profit of 3.191 billion yen by fiscal 2028. Growth will be driven by expanding product lineup and enhancing customer lifetime value.

The company adjusted its shareholder return policy to include a minimum annual dividend of 3.50 yen per share through fiscal 2028.