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Jinushi raises FY net profit forecast to ¥8.5 billion, lifts dividend to ¥135

Thu, Nov 05, 2026 15:30 JST Jinushi Co., Ltd. (3252.T) Real Estate 中文

Jinushi Co. (3252) raised its net profit forecast for the year ending December 2026 to ¥8.5 billion from ¥8.0 billion and increased its annual dividend forecast to ¥135 per share from ¥130.

FY net profit forecast (revised)¥8.5 billion (prev. ¥8.0 billion)
Annual dividend forecast¥135 (prev. ¥130)
FY sales forecast¥106.0 billion
Jan-Sept net profit¥5.28 billion (up 91.2%)

The land investment company said on Nov. 5 it had become more certain of achieving its full-year results, prompting it to revise the forecast issued on Feb. 12. Forecast earnings per share rose to ¥410.78 from ¥386.62.

ItemPreviousRevised
Sales¥100.0 billion¥106.0 billion
Operating profit¥12.0 billion¥12.7 billion
Ordinary profit¥9.0 billion¥9.5 billion
Net profit¥8.0 billion¥8.5 billion

The year-end dividend was raised to ¥70 from ¥65, bringing the annual total, including the ¥65 interim payout, to ¥135, compared with ¥110 a year earlier. The company said it aims to raise dividends in line with profit growth under a progressive dividend policy.

In third-quarter results released the same day, January-September net profit attributable to owners of the parent rose 91.2% to ¥5.28 billion on sales up 50.8% at ¥65.49 billion. Operating profit grew 77.7% to ¥7.63 billion.

Jinushi said 99% of property sales planned for the year were finalized, and it had received a letter of intent for the one remaining project. Land purchases on a contract basis totaled ¥55.6 billion in the nine months, down ¥31.1 billion, with about ¥50 billion expected in the fourth quarter toward an annual target of more than ¥100 billion. The equity ratio stood at 26.8% at end-September.

Next steps: Jinushi Private REIT plans its 11th capital increase in January 2027, expected to bring its assets to ¥326.6 billion (appraisal value at acquisition, as of end-March 2027, planned).


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