WARABEYA NICHIYO, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 22%, Highest in Two Terms, Dividend Revised Upward by 30 Yen

WARABEYA NICHIYO HOLDINGS CO.,LTD. <2918> [TSE Prime] announced its financial results after the market closed on October 7th (15:30). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending February 2026 (March to August) increased 13.5% from the same period last year, reaching 5.23 billion yen, resulting in an increase in profits compared to the previous forecast of a 19.8% decrease.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 22.0%, from the previous forecast of 5.90 billion yen to 7.20 billion yen (compared to 4.89 billion yen in the previous period), increasing the growth rate from 20.5% to 47.0%, reaches new record high for the first time in two terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the September to February period (second half) is expected to surge 6.9 times that of the same period last year, reaching 1.96 billion yen.

In light of the strong performance, the company has significantly increased its planned annual dividend for the current fiscal year from the original plan of 90 yen to 120 yen (compared to 90 yen in the previous period).

In the most recent three-month period, from June to August (2Q), the consolidated ordinary profit increased 43.1% from the same period last year, reaching 3.19 billion yen. The operating profit margin improved from 3.5% in the same period last year to 4.9%.

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