Yasuda Soko Co., Ltd. (9324) raised its full-year net profit forecast by 12.9% to ¥7.0 billion, lifted its interim dividend to ¥39 a share from a forecast ¥37, and announced a 2-for-1 stock split.
The company left its forecasts for the year ending March 2027 unchanged for operating revenue at ¥82.0 billion, operating profit at ¥4.1 billion and ordinary profit at ¥5.2 billion. The upgrade to net profit attributable to owners of the parent, from ¥6.2 billion, reflects an extraordinary gain booked in the first half on the sale of part of its investment securities. Forecast earnings per share on a post-split basis rose to ¥122.34 from ¥108.36.
First-half results for April-September:
| Item | H1 | YoY |
|---|---|---|
| Operating revenue | ¥40.36 billion | +0.4% |
| Operating profit | ¥1.88 billion | -6.5% |
| Ordinary profit | ¥2.58 billion | -3.7% |
| Net profit | ¥4.99 billion | +186.9% |
The interim dividend, totaling ¥1,118 million, compares with ¥29 a year earlier and will be paid on the pre-split share count. The year-end dividend forecast was revised to ¥19.50 on a post-split basis, equivalent to ¥39 before the split versus the previous ¥37, bringing the pre-split annual payout to ¥78 from a previously forecast ¥74. The company paid ¥70 for the year ended March 2026.
The split, aimed at lowering the investment unit and improving liquidity, will double shares outstanding to 60.72 million from 30.36 million. The minimum holding for shareholder benefits will be adjusted to 200 shares from 100, with no substantive change.
The company plans to file its semiannual report on Nov. 12, 2026, and begin paying the interim dividend on Dec. 4. The record date for the split is Dec. 31 (effectively Dec. 30), with public notice set for Dec. 15, and the split takes effect on Jan. 1, 2027.
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| FY net profit forecast | ¥370 million (prev. ¥135 million) |
| Seed Co., Ltd. | |
| Scheduled delisting | Dec. 21, 2026 |
| Rengo Co., Ltd. | |
| H1 net profit | ¥20.85 billion (+89.0%) |
| Sankei Real Estate Investment Corporation | |
| Current tender offer price | ¥125,000 per unit |
| Toyota Motor Corporation | |
| Buyback cost cap | ¥1.3 trillion |
| EDION Corporation | |
| Revised FY net profit | ¥22.5 billion (from ¥15.7 billion) |
| Hiraki Co., Ltd. | |
| FY net profit (loss) forecast | ¥160 million loss (prev. ¥100 million profit) |
| Riso Kagaku Corporation | |
| H1 net profit attributable to owners of parent | ¥2,513 million (up 40.4%) |
| M&A / TOB | 6 |
| Guidance | 59 |
| Buybacks | 25 |
| Dividends | 9 |
| Capital | 3 |
| Earnings | 159 |
| People | 3 |
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