CRESCO, 14% Increase in Ordinary Profit, Update Record High for Fourteenth Consecutive Term, Increased Previous Year's Dividend by 2 yen, This Fiscal Year to Increase Dividend by 16 yen
4674 CRESCO LTD. 【J-GAAP】
Earnings ReportCRESCO LTD. <4674> [TSE Prime] announced its financial results after the market closed on May 9th (16:00). The consolidated ordinary profit for the fiscal year ending March 2025 increased 11.2% from the previous period to 6.29 billion yen. For the fiscal year ending March 2026, the consolidated ordinary profit is expected to grow by 13.5% to 7.14 billion yen, marking the fourteenth consecutive term of record-high profits. This will be the sixteenth consecutive term of revenue and profit growth.
At the same time, the company increased the annual dividend for the previous term from 40 yen to 42 yen (compared to 52 yen before the 2-for-1 forward stock split in the previous term), and has decided to increase the dividend this fiscal year to 58 yen, an increase of 16 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated ordinary profit grew 5.3% from the same period last year, reaching 1.86 billion yen. However, the operating profit margin decreased from 12.8% in the same period last year to 11.7%.
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