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Onward Holdings Rises on Higher Revenue and Profit Forecasts and Dividend Increase for FY02/27
Onward Holdings <8016> is trading higher. After the close of trading on the 9th, the company announced its consolidated earnings forecast for the fiscal year ending February 2027, projecting net sales of \247.0 billion (up 4.3% YoY) and operating profit of \12.8 billion (up 10.3% YoY). The outlook indicates continued revenue and profit growth following the previous fiscal year. Onward Holdings also announced a dividend forecast of \33 (up from \30 in the previous year). This news has been well-received by the market.
The company also announced its financial results for the fiscal year ended February 2026, reporting net sales of \236.84 billion (up 13.6% YoY) and operating profit of \11.64 billion (up 14.3% YoY). Sales of winter apparel grew strongly. In addition to robust performance from strategically prioritized brands such as "Any SiS," "Kashiyama," "Chacott Cosmetics," and "WEGO," core brands including "23-ku" also performed steadily.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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