Warabeya Nichiyo Holdings raises forecasts, dividends on strong performance

Warabeya Nichiyo Holdings reported robust consolidated financial results for the six months ended August 31, 2025, with net sales reaching 119,634 million yen, operating profit at 5,289 million yen, and profit attributable to owners of parent at 4,000 million yen. These figures exceeded April 10, 2025, forecasts, driven by strong domestic food production and better-than-expected performance in new domestic plants and overseas operations.

Following this strong performance, the company revised its full-year consolidated financial forecast for fiscal year ending February 28, 2026. Net sales are now projected at 234,500 million yen, operating profit at 7,300 million yen, and profit attributable to owners of parent at 5,450 million yen. These revised forecasts represent an increase of 3,000 million yen in net sales and 1,550 million yen in profit attributable to owners of parent compared to initial projections.

In line with its improved outlook and a target consolidated dividend payout ratio of 40%, Warabeya Nichiyo Holdings increased its interim dividend for the period ended August 31, 2025, to 60.00 yen per share, up from the previously forecasted 45.00 yen. The year-end dividend forecast for fiscal year 2026 was also raised by 15 yen to 60.00 yen per share, resulting in a total annual dividend of 120.00 yen per share.