Nippon Parking Development plans dividend hike, share options, and growth
Nippon Parking Development announced a proposal for an 8.00 yen per share dividend for the fiscal year ending July 31, 2025, a 45.5% increase from the previous year. The company projected a 9.00 yen per share dividend for FY2026, marking its 15th consecutive year of dividend increases. It also plans to issue 1,740,000 stock options to directors and employees to further incentivize performance and enhance corporate value.
These initiatives follow a strong performance in FY2025, with consolidated net sales increasing by 12.7% to 36,832 million yen and operating profit rising by 18.5% to 7,659 million yen. The company's individual subsidiary, Nippon Ski Resort Development Co., Ltd. also reported growth, with net sales reaching 996 million yen for FY2025, up 10.0% year-on-year, though operating income showed a loss of 151 million yen compared to a profit of 165 million yen in FY2024.
The company's positive outlook is supported by record-high results in its parking, ski resort, and theme park segments, with plans for continued expansion, capital investments, and M&A activities aimed at sustainable growth and increased shareholder value.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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