Modecinc raises full-year earnings and dividend forecasts

Modecinc has revised its consolidated full-year earnings forecast for the fiscal year ending December 31, 2025. The revised forecast projects revenue of $4,400,000, up from the previous $3,700,000. Operating profit is now expected to be $440,000 (previously $410,000), profit before tax $500,000 (previously $420,000), and profit attributable to owners of parent $350,000 (previously $270,000). Earnings per share are revised to $5.12 from $3.95. These revisions are attributed to steady progress in EPCI projects, strong operating performance of existing vessels, and higher interest income.

In line with the improved earnings outlook, Modecinc also revised its year-end dividend forecast for 2025. The year-end dividend per share is increased from yen60.00 to yen80.00, bringing the total annual dividend to yen140.00, up from the previously forecast yen120.00. This increase will be proposed at the annual general meeting of shareholders in March 2026.

The third-quarter consolidated results for the period ending September 30, 2025, showed revenue of $3,351,705 and profit attributable to owners of parent of $245,521. Total assets as of September 30, 2025, were $4,507,848, with total equity attributable to owners of parent at $1,338,583.