Keio boosts full-year profit forecast, plans stock split
Keio Corporation reported operating revenues of 230.6 bn yen for its FY2025 second quarter, a 16.4 bn yen year-on-year increase. However, operating profit saw a slight decrease of 0.2 bn yen to 31.4 bn yen, and profit attributable to owners of parent fell 3.4 bn yen to 21.7 bn yen. While Real Estate Sales revenues were below plan, operating profit exceeded expectations across most segments, contributing to an overall 0.8 bn yen increase in operating profit compared to the initial forecast.
For the full year FY2025, Keio maintains its operating revenue forecast at 502.0 bn yen. It projects operating profit to reach 51.0 bn yen (up 1.0 bn yen from initial forecast) and profit attributable to owners of parent at 42.0 bn yen (up 1.0 bn yen from initial forecast). This upward revision is attributed to strong performance across all segments through the second quarter.
Keio has also revised its annual dividend forecast to 110.0 yen per share (up 5.0 yen from previous forecast) and plans a market purchase of up to 10.0 bn yen in treasury shares, all to be cancelled. Additionally, a 5-for-1 stock split is scheduled for March 31, 2026, to improve share liquidity.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Keio Corporation publishes news
Free account required • Unsubscribe anytime