Metawater raises full-year earnings and dividend forecasts

Metawater Co. announced a significant upward revision to its full-year consolidated earnings and dividend forecasts for the fiscal year ending March 31, 2026, following a board meeting on October 27, 2025. The company now projects net sales of 210,000 million yen, up from the previous 200,000 million yen, and an operating income of 13,000 million yen, an increase from 11,500 million yen. Ordinary income is expected to reach 12,800 million yen, rising from 10,900 million yen, with profit attributable to owners of parent forecast at 8,900 million yen, up from 7,500 million yen.

This positive revision is primarily attributed to strong orders received and the robust performance of overseas subsidiaries, along with enhanced project progress management and cost reduction initiatives. The company also announced a revised annual dividend of 70 yen per share, an increase from the previously forecast 56 yen, reflecting its progressive dividend policy and early achievement of its Mid-Term Business Plan 2027 targets.

Despite these revisions, the target figures for the Mid-Term Business Plan 2027 (for the fiscal year ending March 31, 2028), announced on April 24, 2024, remain unchanged. The company also reported first-half results, with net sales of 75,657 million yen and an operating income of 1,145 million yen for the six months ended September 30, 2025.