Hulic raises full-year earnings and dividend forecasts on strong performance

Hulic's revised forecast for 2025 projects consolidated operating revenue of JPY 710,000m, a substantial increase from the JPY 178,000m previously announced. Operating profit is now expected to reach JPY 183,000m (up JPY 5,000m or 2.8%), with ordinary profit at JPY 170,000m (up JPY 6,000m or 3.6%), and profit attributable to owners of parent at JPY 112,000m (up JPY 4,000m or 3.7%). This revision is primarily attributed to strategic property sales, leading to a projected record-high profit across all stages.

The improved performance also led to an increased dividend forecast for the fiscal year ending December 31, 2025. Hulic now anticipates a year-end dividend of JPY 31.50 per share, an increase of JPY 3.00 from the initial forecast, resulting in a total annual dividend of JPY 60.00 per share. This includes the interim dividend of JPY 28.50 already paid.

The company's third-quarter consolidated results show cumulative operating revenue of JPY 424,218m (up 34.6% year-on-year) and operating profit of JPY 106,371m (up 19.7% year-on-year), further supporting the positive outlook for the full fiscal year.