Yashima Denki raises full-year forecasts and increases dividend

Yashima Denki announced a significant upward revision to its consolidated earnings forecast for the fiscal year ending March 2026. The company now anticipates net sales of JPY 74,000 million (an 8.8% increase from the previous forecast of JPY 68,000 million), operating profit of JPY 6,600 million (a 17.9% increase from JPY 5,600 million), ordinary profit of JPY 6,700 million (a 17.5% increase from JPY 5,700 million), and profit attributable to owners of parent of JPY 4,600 million (a 15.0% increase from JPY 4,000 million). This positive outlook is attributed to robust performance in the plant, public and facility, and transportation sectors, exceeding initial expectations due to increased demand for equipment renewal, infrastructure upgrades, and new vehicle deliveries.

In conjunction with the strong earnings forecast, Yashima Denki also revised its dividend forecast for the fiscal year ending March 2026. The year-end ordinary dividend per share is increased from JPY 40.00 to JPY 43.00. Additionally, the company will issue a JPY 2.00 special commemorative dividend to celebrate its 80th anniversary in August 2026, bringing the total annual dividend to JPY 45.00 per share.