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ITmedia plunges on dividend cut plan

Thu May 7, 2026 9:35 am JST Catalyst

ITmedia Inc. <2148> plunged sharply, hitting a new year-to-date low. After the close of trading on the 1st before the holiday, the company announced its consolidated earnings forecast for the fiscal year ending March 2027, projecting sales of 9.2 billion yen (up 10.7% year-on-year) and operating profit of 2.0 billion yen (up 13.3% year-on-year). The dividend forecast was set at 50 yen (compared to 100 yen in the previous fiscal year). While the company presented a favorable earnings outlook, selling appears to be driven by the planned dividend reduction.

The company anticipates a recovery in its existing businesses and contributions from newly consolidated subsidiaries. There is no change to its basic policy of targeting a consolidated dividend payout ratio of 70% or higher. Meanwhile, the company also announced its fiscal year ending March 2026 results, with sales of 8.311 billion yen (up 2.6% year-on-year) and operating profit of 1.765 billion yen (down 13.0% year-on-year).

Source: MINKABU PRESS

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

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