Eurasia Travel revises dividend plan, targets 10% ROE
Eurasia Travel Co., Ltd. announced a new mid-term management plan (2026/9 to 2029/9) and a revised dividend plan. The company aims for management conscious of capital cost and share price, targeting ROE of 10% or more and high profitability. The updated dividend plan is based on a dividend per share (DOE) of 10% or more, forecasting JPY50 for the 2026/9 fiscal year, and JPY48 for subsequent years through 2029/9. This is an increase from the previous plan, which projected JPY48 for 2026/9 and JPY46-JPY47 for later years.
The updated mid-term financial targets show revenue increasing from JPY4,787 million in 2025/9 to JPY6,506 million in 2029/9. Operating profit is projected to rise from JPY115 million to JPY336 million over the same period, with net profit after tax growing from JPY113 million to JPY230 million. The company expects consolidated shareholder equity to be JPY1,820 million by 2029/9, with ROE reaching 12.64%.
Key strategies in the plan focus on innovation and expansion of existing businesses, growth in new ventures, and DX initiatives. These include enhancing customer experience through digital technology and AI, expanding outreach to new and existing customers, and improving productivity.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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