Weathernews reports record Q1 revenue and profit, driven by strategic advancements
Weathernews Inc. announced a record-high first-quarter revenue of JPY6,006 million for the fiscal year ending May 2026, a 2.8% increase year-over-year. Operating profit surged by 100.5% to JPY912 million, with ordinary profit up 135.9% to JPY915 million, and profit attributable to owners of parent increasing 140.6% to JPY672 million. EPS for the quarter reached JPY30.34, compared to JPY12.65 in the prior year. This growth was attributed to expanded services in new markets, increased app users, and strategic investments.
The company's full-year forecast for the fiscal year ending May 2026 remains unchanged, projecting JPY25,000 million in net sales and JPY5,000 million in operating profit, marking 17 consecutive years of sales growth. This performance is expected to achieve an operating profit margin of over 20%. Weathernews plans an annual dividend of JPY90 per share, marking its fourth consecutive year of dividend increases, while maintaining a policy of progressive dividends.
Key initiatives included expanding its "SeaNavigator" marine weather service in Europe, increasing new customer acquisition in the Asian airline market, and growing "WxTech" services in new markets like energy and retail. The company also focused on enhancing its Internet Domain by achieving the No. 1 weather app in Japan by MAU and integrating AI for content enrichment.
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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