Zenrin reports strong half-year and raises full-year dividend forecast

Zenrin Co., Ltd. reported consolidated net sales of JPY 29,523 million for the first half of fiscal year 2026, a 2.8% increase year-on-year. Operating profit significantly improved to JPY 83 million from a loss of JPY 275 million in the prior period, with ordinary profit reaching JPY 388 million. This performance was primarily fueled by increased provision of residential map data and entrusted services in Public Solution, and steady growth in stock-type services like GIS packages in Product Solution.

Reflecting the positive momentum, Zenrin raised its interim dividend forecast to JPY 21.00 per share for fiscal year 2026, up from JPY 15.00 in fiscal year 2025. The full-year dividend forecast also increased to JPY 42.00 per share from JPY 35.00.

The company maintained its full-year consolidated earnings forecast for fiscal year 2026, expecting net sales of JPY 65,500 million, an operating profit of JPY 4,300 million, and ordinary profit of JPY 4,400 million. Two new companies, UrbanX Technologies, Inc. and ZFP corporate co-creation Investment Limited Partnership, were added to the scope of consolidation during the period.