Tsugami boosts full-year forecasts, raises dividend after strong half-year

Tsugami Corporation has announced revised consolidated financial results forecasts for the fiscal year ending March 31, 2026, driven by strong performance in the six months ended September 30, 2025. The company now expects revenue of JPY115,000m (up 10.6% from previous forecasts) and operating profit of JPY27,000m (up 38.5%). Profit attributable to owners of parent is projected at JPY12,500m (up 45.3%), leading to a basic earnings per share forecast of JPY269.09.

In line with the improved financial outlook, Tsugami has increased its fiscal year-end dividend forecast to JPY36 per share, resulting in total annual dividends of JPY72 per share, an JPY8 increase from the JPY64 announced on May 13, 2025. The company also completed a treasury share acquisition program, purchasing 151,600 shares for JPY329,462,500, and resolved a new program to acquire up to 500 thousand shares (JPY1,300m) by May 12, 2026.

Additionally, the company announced a change in its representative directors, with Shoichiro Haga retiring from his current role and assuming a new position as executive director (CFO) at Precision Tsugami (China) Corporation Limited, reducing the number of representative directors to two.