Mitani Corporation revises dividend, reports interim gains on strong performance

Mitani Corporation announced an interim dividend of 44.00 yen per share for the period ending September 30, 2025, a 15.00 yen increase from the previous forecast of 29.00 yen. Concurrently, the year-end dividend forecast for the fiscal year ending March 31, 2026, was adjusted to 33.00 yen, resulting in a revised annual forecast of 77.00 yen per share.

This decision follows a strong performance in the first half of the fiscal year, with consolidated net sales increasing by 1.1% year-on-year to 159,790 million yen, and ordinary income rising by 6.4% to 16,371 million yen. The company attributes these gains to strong sales in the fuel wholesale and gas station businesses, a special demand for PC replacements due to Windows 10 support ending, and price pass-through in the spice business. These positive results contributed to a 7.9% increase in interim net income attributable to shareholders, reaching 10,496 million yen.

The company's basic policy for profit distribution prioritizes stable dividends from a medium-to-long-term perspective, while also considering future M&A activities and business performance. Despite the dividend revisions, the company maintains its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026.