TOKYO, Apr 28 (Pulse News Wire) – Chori CO.,LTD. (8014.T) reported higher net profit for the fiscal year ended March 2026 compared to its previous plan, despite missing revenue targets.
Operating profit declined due to increased selling and administrative expenses, but the company's high-value-added initiatives improved profitability, leading to a rise in gross margin. The company achieved its targeted return on equity (ROE) of 12.4% and return on invested capital (ROIC) of 11.1%. Final dividend payout was increased to ¥75 per share, marking a ¥5 increase from the previous year. The board also announced a new mid-term business plan, Chori Innovation Plan 2028 (CIP2028), aimed at enhancing shareholder value further.
Sales performance across sectors showed mixed results, with overall sales decreasing by -3.9% and operating income dropping by -9.9%. However, tax benefits contributed to a net profit increase of 3.0% compared to the previous fiscal year. Cash flow from operations improved significantly, increasing by __NUM_44__ to ¥11.50 billion. Looking ahead, CHORI forecasts a recovery in revenues and profits for the fiscal year ending March 2027, anticipating a growth rate of 6.9% in sales and an improvement in operating profit to 11.1% billion yen.
The company plans to maintain a dividend payout ratio of 40% or more and a dividend yield based on book value (DOE) of 3.5% or more going forward.
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