T&D Holdings reports strong interim profit, dividend increase, and share buyback

T&D Holdings reported a 3.0% increase in profit attributable to owners of parent to ¥67,337 million for the six months ended September 30, 2025, with ordinary revenues rising 3.6% to ¥1,718,686 million and ordinary profit growing 5.8% to ¥109,820 million. This performance led to an interim dividend of ¥62.0 per share, contributing to a projected annual dividend of ¥124.0 per share, marking the 11th consecutive year of dividend increases. Additionally, the company initiated a share buyback program with an upper limit of ¥100 billion.

The company's total assets grew by 2.8% from the previous fiscal year-end to ¥17,182,186 million, and net assets increased by 7.9% to ¥1,520,450 million. The consolidated solvency margin ratio stood at 934.0%, indicating strong financial health despite a slight decrease from the prior fiscal year-end. Group adjusted profit for the period was ¥70,100 million, a 13.4% decrease compared to the previous period, primarily due to reduced investment income from the closed-book business.

Significant changes in the scope of consolidation included the addition of Viridium Group Sarl and its seven subsidiaries, reflecting strategic adjustments to the business portfolio. The company maintained its full-year earnings forecast, projecting ordinary profit of ¥223,000 million and profit attributable to owners of parent of ¥118,000 million.