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ASAHI turns positive in afternoon session following announcement of mid-term plan targeting \8.5 billion operating profit for February 2029
ASAHI CO.,LTD. <3333> turned positive in the afternoon session, reaching a new year-to-date high for consecutive days. Around 1 p.m. today, the company announced a mid-term management plan with February 2029 as the final fiscal year. The plan targets sales of \96.8 billion (compared to \81.374 billion in February 2026), operating profit of \8.5 billion (compared to \3.937 billion), and ROE (return on equity) of 10% or higher (compared to 5.7%), attracting favorable buying interest. The company operates in the sales of bicycles and related products, as well as ancillary services such as repairs and maintenance. It will advance the deepening of OMO (online-offline integration) and strengthen CRM (customer relationship management), while expanding peripheral businesses such as reuse and increasing strategic partners.
Simultaneously, the company disclosed its standalone financial results for February 2026 and full-year earnings forecast for February 2027. The forecast for February 2027 projects sales of \86.278 billion (up 6.0% year-on-year) and operating profit of \4.3 billion (up 9.2% year-on-year). In the also-announced monthly sales report for March (February 21 to March 20), same-store sales increased 4.0% year-on-year, surpassing the previous year for the second consecutive month. The company also disclosed a change in its dividend policy. The payout ratio guideline was revised from the previous "35%" to "35% or higher," and DOE (dividend on equity) of 3.0% was newly adopted as an indicator.
Source: MINKABU PRESS
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