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HONYAKU Center Inc. surges to daily limit on revised shareholder return policy
HONYAKU Center <2483> hit its daily limit-high of 2,193 yen on buy orders. Following the market close on May 12, the company announced an aggressive shift in its shareholder return policy alongside its latest earnings results and outlook, sparking strong buying interest. Under the new policy, the firm targets a dividend on equity (DOE) of at least 6% and a total return ratio of 100% during its current medium-term business plan, effective from the fiscal year ended March 2026. Consequently, the annual dividend for the prior year was raised by 65 yen to 140 yen, with the dividend for the fiscal year ending March 2027 also projected at 140 yen.
For the fiscal year ending March 2027, the company forecasts revenue of 11.3 billion yen (up 3.9% year-on-year) and net profit of 500 million yen (up 8.1%). Simultaneously, HONYAKU Center revised its medium-term targets through the fiscal year ending March 2028. The revenue target for the final year of the plan was lowered by 1.3 billion yen to 11.7 billion yen, while the net profit goal was reduced by 200 million yen to 600 million yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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