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MIC surges on buy orders after 70% operating profit growth last year, 20% rise expected this year amid enhanced dividend policy
MIC <300A> saw a sharp rebound, with heavy buy orders leaving the stock at an indicative price. The company, which provides sales promotion support and joint delivery services for the retail industry, has entered a growth phase starting from the fiscal year ended March 2025.
After the market close on the 14th, MIC announced its results for the fiscal year ended March 2026, reporting operating profit of 1.686 billion yen, up 69% year-on-year. For the fiscal year ending March 2027, the company expects a record operating profit of 2.04 billion yen, up 21%.
Shareholder returns were also enhanced. MIC increased its annual dividend for the previous year to 70 yen, up 10 yen from the initial plan, and projects a further hike to 77 yen for the current fiscal year. Investment funds have flocked to the stock in recognition of its strong momentum and dividend policy.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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