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Meiwa Corporation surges in afternoon trading on higher sales, profit forecast and increased dividend for fiscal March 2027

Thu Apr 30, 2026 2:10 pm JST Catalyst

Meiwa Corporation <8103> surged in afternoon trading. The company announced its consolidated earnings forecast for the fiscal year ending March 2027 at around 1:30 p.m., projecting sales of 170 billion yen (up 3.1% year-on-year), operating profit of 4.2 billion yen (up 1.6%), and net profit of 3.7 billion yen (up 9.7%). The announcement was well received as the annual dividend forecast was set at 47 yen, an increase of 5 yen from the previous year. The company will continue to promote initiatives in the focus areas of its medium-term management plan - "Mobility," "Environment," and "Lifestyle" - aiming for higher sales and profit.

For the fiscal year ended March 2026, Meiwa reported sales of 164.927 billion yen (up 5.2% year-on-year), operating profit of 4.132 billion yen (up 15.8%), and net profit of 3.374 billion yen (down 0.1%).

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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