Buffalo raises full-year earnings outlook, boosts dividends

Buffalo (TSE:6676) has announced a substantial upward revision to its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026. The revised forecast projects net sales of JPY 112,000 million, operating profit of JPY 7,700 million, ordinary profit of JPY 8,300 million, and profit attributable to owners of parent of JPY 6,500 million, representing significant increases over previous estimates. This positive adjustment is attributed to strong performance in PC peripherals, robust sales of AMD Ryzen CPUs, and the successful "Spring Fan Festival" campaign for Airdog series products.

Alongside the earnings revision, Buffalo also announced an increase in its interim and year-end dividends. The interim dividend, with a record date of September 30, 2025, has been raised from JPY 40.00 to JPY 60.00 per share. The year-end dividend forecast has similarly been revised upward from JPY 40.00 to JPY 60.00 per share, resulting in a total annual dividend of JPY 120.00 per share. This aligns with the company's dividend policy, which targets a consolidated dividend payout ratio of 30-40%.

Furthermore, Buffalo announced changes to its shareholder benefits program, removing the continuous holding period requirement. Effective from the fiscal year ending March 31, 2026, all shareholders holding 100 shares or more will receive digital gift equivalents worth JPY 5,000 at both March and September year-ends, irrespective of their holding duration.