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AICHI rebounds after 5-day slide, sees 5% operating profit rise and 5 yen dividend hike for FY03/27
AICHI CORPORATION <6345> rebounded after five consecutive trading days of decline. The company announced its consolidated earnings forecast for the fiscal year ending March 2027 after the market close on the 24th. The announcement was well received, with operating profit projected to increase 5.2% year-on-year to 7.9 billion yen and an annual dividend plan of 65 yen, up 5 yen from the previous year.
The company expects revenue to grow 5.7% to 63 billion yen. AICHI aims to achieve increased revenue and profit by creating revenue opportunities through further extension of the value chain in the domestic market, including services, leasing, and used vehicle sales, as well as strengthening overseas markets.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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