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FOOD & LIFE COMPANIES hits new high on stock split and upward earnings, dividend forecast revisions for September 2026
FOOD & LIFE COMPANIES LTD. <3563> rose for a fourth straight session. During mid-day trade, the company announced a 2-for-1 stock split with a record date of June 30. It simultaneously upgraded its consolidated earnings guidance for the fiscal year ending September 2026, raising its sales target to 505 billion yen from 485 billion yen (up 17.6% year-on-year). Operating profit was revised to 48.5 billion yen from 40.5 billion yen (up 34.4%), while net profit is now seen at 30 billion yen, up from 24 billion yen (up 30.8%). The year-end dividend forecast was also hiked to 20 yen from 35 yen (equivalent to 40 yen on a pre-split basis), fueling market buying.
The upward revisions were driven by robust overseas performance, led by significant growth in China and steady expansion in Southeast Asia. Solid domestic operations, supported by enhanced customer experience, also contributed to first-half results exceeding initial expectations.
In its interim financial results for the period ended March, FOOD & LIFE COMPANIES reported sales of 254.182 billion yen (up 24.7% year-on-year), operating profit of 28.08 billion yen (up 43.7%), and net profit of 17.788 billion yen (up 49.9%).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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