Pia Corporation raises full-year forecasts, dividends amid leisure boom

Pia Corporation has revised its full-year consolidated financial results and dividend forecasts for the fiscal year ending March 31, 2026. Net sales are now projected to be 50,000 million yen (up 6.4% from previous forecast), operating profit 4,200 million yen (up 23.5%), ordinary profit 4,200 million yen (up 31.3%), and profit attributable to owners of parent 2,700 million yen (up 17.4%), resulting in basic earnings per share of 176.33 yen. This upward revision stems from robust activity in the domestic leisure and entertainment market, exceeding initial expectations, and strong sales of tickets for Expo 2025 Osaka, Kansai, and related publications.

The company also increased its year-end dividend forecast to 20 yen per share, a 10 yen increase from the previous forecast, marking the highest level since the company went public (excluding commemorative dividends). This reflects strong business results in the first half of the current fiscal year and the company's profit distribution policy.

Key Q2 2025 achievements include completing ticketing for Expo 2025 Osaka with 25.58 million visitors, acting as the official ticketing supporter for the Tokyo 2025 World Athletics Championships, and hosting successful events like Pia Music Complex and Jingu Gaien Fireworks Festival. Strategic partnerships, such as with JR West, and new ventures in hospitality ticket sales further contributed to the strong performance, with the company’s operating profit achieving 186% of its initial target for 2024.