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SHIMAMURA shares remain firm on record profit forecast and effective dividend increase for FY Feb 2027
SHIMAMURA Co.,Ltd. <8227> shares remained firm. After the close of trading on the 30th, the company announced its consolidated financial results for the fiscal year ending February 2026 and disclosed its earnings and dividend forecasts for the fiscal year ending February 2027. For the current fiscal year, the company projects sales of \729.193 billion, up 4.2% from the previous year, and net profit of \47.321 billion, up 6.4%. The forecast anticipates a consecutive record-high profit following the previous year, and the company also indicated an effective dividend increase. Although selling pressure emerged immediately after the opening, buying interest emerged as investors positively assessed the announcement, pushing shares higher.
For the current fiscal year, the group plans to open 65 new stores and close 38 stores. The company will strengthen store openings in urban areas such as Tokyo and the Keihanshin region. SHIMAMURA increased its year-end dividend for the previous fiscal year, with a record date of February 20, by \10 from the initial forecast to \115 (the annual dividend for the previous year was \215). The company implemented a 3-for-1 stock split on February 21. The annual dividend forecast for the current fiscal year is \80, equivalent to \240 on a pre-split basis. This represents an effective dividend increase. For the fiscal year ending February 2026, sales increased 5.2% year-on-year to \700.034 billion, and net profit rose 6.1% to \44.46 billion.
Source: MINKABU PRESS
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