Dear Life revises forecasts, boosts dividend on record-high profits
Dear Life Co. Ltd. has revised its consolidated performance targets for the fiscal year ending September 30, 2025, anticipating record-high profits. The company now forecasts net sales of JPY 77,274m, operating profit of JPY 7,609m, ordinary profit of JPY 7,635m, and profit attributable to owners of parent of JPY 5,351m. These figures represent a notable increase, with the ordinary profit reflecting progress towards a JPY 10bn medium-term management plan target.
The positive revisions are attributed to the accelerated acquisition of urban residential development sites and income-producing properties, along with large-scale investment projects in its real estate business. Enhancements in dispatch quality within its sales promotion business also contributed to a more robust management foundation. Some project sales were delayed, preventing even higher achievements.
In light of the anticipated record profits, Dear Life has also revised its planned year-end dividend for fiscal year 2025 to JPY 63 per share. This includes an ordinary dividend of JPY 61 and a commemorative dividend of JPY 2 per share, marking the company's gratitude to shareholders. The revised dividend aligns with the company's basic policy of targeting a 40% consolidated dividend payout ratio.
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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