Keihan Holdings exceeds H1 forecasts, raises full-year projections and dividend

Keihan Holdings Co., Ltd. reported that its consolidated financial results for the six months ended September 30, 2025, exceeded previous forecasts. Operating revenue reached JPY144,365 million (forecast: JPY139,400 million), operating profit was JPY22,119 million (forecast: JPY17,400 million), and profit attributable to owners of parent was JPY15,802 million (forecast: JPY12,000 million). This upside was attributed to robust real estate sales, strong demand related to Expo 2025 in leisure, service, and transportation segments, and reduced operating expenses.

Following these strong first-half results, Keihan Holdings revised its consolidated financial forecasts for the full fiscal year ending March 31, 2026. The company now projects operating revenue of JPY325,400 million, operating profit of JPY46,200 million, ordinary profit of JPY43,900 million, and profit attributable to owners of parent of JPY32,600 million. This represents an increase of JPY2,600 million in profit attributable to owners of parent compared to the previous forecast.

In line with the revised forecasts and its shareholder return policy, the company also announced an increase in its year-end dividend forecast for the fiscal year ending March 31, 2026, to JPY97.00 per share, an increase of JPY8.00 from the previously forecast JPY89.00 per share.