Keio Corp. raises full-year forecasts, dividends, announces stock split

Keio Corporation has revised its full-year consolidated earnings forecasts for the fiscal year ending March 31, 2026. Operating profit is now projected at JPY 51,000 million, up from JPY 50,000 million, and profit attributable to owners of parent is expected to reach JPY 42,000 million, an increase from JPY 41,000 million, while operating revenues remain unchanged at JPY 502,000 million. The annual dividend forecast has been raised by JPY 5.00 to JPY 110.00 per share.

In a move to enhance shareholder returns and capital efficiency, Keio Corporation plans to acquire up to 3,400,000 treasury shares, representing 2.9% of total issued shares, for a maximum of JPY 10,000,000,000. The acquisition period is from November 18, 2025, to March 31, 2026, with acquired shares scheduled for cancellation.

Additionally, the company will implement a 5-for-1 stock split effective April 1, 2026, with March 31, 2026, as the record date, aiming to expand its shareholder base. The articles of incorporation will be amended to reflect the increased number of authorized shares, and the shareholder benefit program will be adjusted to allow shareholders with 100 to 499 shares after the split (previously 20 to 99 shares) to receive railway passes.