Central Automotive Products lifts forecasts, boosts shareholder returns after acquisition

Central Automotive Products Ltd. reported robust consolidated financial results for the six months ended September 30, 2025, with net sales reaching JPY 20,449 million (up 5.2%) and profit attributable to owners of parent at JPY 4,717 million (up 13.1%). Basic earnings per share increased to JPY 85.41. The company also upgraded its full-year consolidated earnings forecast for March 31, 2026, anticipating net sales of JPY 45,500 million (up 1.6%) and profit attributable to owners of parent of JPY 9,350 million (up 3.9%), raising basic earnings per share to JPY 169.19.

This improved outlook is partly driven by the acquisition of Morita Sangyo Co., Ltd. on August 29, 2025, which specializes in automotive repair parts export, contributing a negative goodwill of JPY 600 million to extraordinary income. In line with these strong results and its commitment to shareholder returns, the company increased its interim dividend for the year ending March 31, 2026, from the previously forecast JPY 25.00 to JPY 26.00 per share, following a three-for-one stock split on April 1, 2025.

Additionally, Central Automotive Products enhanced its shareholder benefit program, increasing the benefit for shareholders holding 100 to 3,000 shares for less than three years from JPY 1,000 to JPY 2,000, and for those holding 3,000 shares or more for three years or longer, from JPY 3,000 to JPY 4,000, effective March 31, 2026.