ASAHI KOGYOSHA, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 35%, Raises Record High Profit Forecast, Dividend Revised Upward by 35 Yen

ASAHI KOGYOSHA CO.,LTD. <1975> [TSE Prime] announced its financial results after the market closed on February 12th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 6.70 billion yen, an increase 51.3% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 34.6%, from the previous forecast of 7.65 billion yen to 10.3 billion yen (compared to 7.58 billion yen in the previous period), increasing the growth rate from 0.9% to 35.8%, further surpassing the previous forecast of record-high profits for three consecutive terms.

Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 78.5%, from the previous forecast of 3.37 billion yen to 6.02 billion yen (compared to 4.57 billion yen in the same period of the previous year), turning to a 31.7% increase in the consolidated ordinary profit outlook.

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 100 yen to 135 yen (compared to 120 yen in the previous period).

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 70.8% from the same period last year, reaching 2.42 billion yen. The operating profit margin improved from 5.6% in the same period last year to 8.5%.

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