Wed, Nov 04, 2026中文About
Filings today 369 / Covered 20
Source: TDnet timely disclosures
Updated 11/04 16:00M&A / TOB 16 Guidance 40 Buybacks 7 Dividends 7 Capital 6 Earnings 87 People 1

ARE Holdings lifts FY net profit forecast 24% to ¥36.0 billion, raises dividend

Wed, Nov 04, 2026 15:30 JST ARE Holdings, Inc. (5857.T) Precious metals recycling 中文

ARE Holdings, Inc. (5857) raised its net profit forecast for the fiscal year ending March 2027 by 24.1% to ¥36.0 billion, lifted its annual dividend forecast to ¥155 per share from ¥135, and approved a share buyback of up to ¥7.5 billion.

FY net profit forecast (revised)¥36.0 billion (from ¥29.0 billion)
H1 net profit attributable to owners¥20.9 billion
Annual dividend forecast¥155 per share (from ¥135)
Buyback cap2.2 million shares / ¥7.5 billion

For the April-September first half, revenue rose 53.3% from a year earlier to ¥365.2 billion, operating profit climbed 87.4% to ¥28.7 billion and net profit attributable to owners of the parent increased 92.9% to ¥20.9 billion, 49.5% above the company's May 1 forecast of ¥14.0 billion.

The company said that in its precious metals recycling business, electronics revenue grew on demand related to AI data centers and sales volumes rose as factory inventories declined, even as precious metal prices came in below its assumptions. Profit was boosted by increased arbitrage trading in its North American refining operations and lower financial costs.

ItemPreviousRevised
Revenue¥680.0 billion¥700.0 billion
Operating profit¥41.0 billion¥52.0 billion
Pretax profit¥40.0 billion¥51.0 billion
Net profit¥29.0 billion¥36.0 billion
EPS¥337.43¥422.98

The interim dividend was set at ¥75 per share, up ¥10 from the previous forecast of ¥65, for a total of ¥6.5 billion. The year-end dividend forecast was raised to ¥80 from ¥70.

The buyback covers up to 2.2 million shares, or 2.55% of shares outstanding excluding treasury stock, via the Tokyo Stock Exchange's off-auction ToSTNeT-3 system.

Next steps: the buyback is scheduled for Nov. 5, 2026. The semiannual report is due Nov. 13, and the interim dividend takes effect on Nov. 27.


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