Mugen Estate hits record half-year results, launches first interim dividend

Mugen Estate recorded record half-year results with net sales rising 4.6% to 32.9bn yen and operating income up 9.0% to 5.5bn yen. Profit attributable to owners increased 8.4% to 3.3bn yen.

The company announced its first interim dividend of 45 yen per share, payable September 16, 2025, marking a shift to semi-annual dividend payments with a target payout ratio of 40% or more.

Mugen Estate also issued its first public bond in June, raising 3.6bn yen.