TOKYO, May 14 (Pulse News Wire) – First Traffic Industry Co., Ltd. (9035.T) reported strong revenue growth for the fiscal year ending March 2026, achieving revenues of ¥109.5 billion, up 13.1% from the previous year.
Despite economic uncertainties, operating profit reached ¥4.250 billion, marking a significant improvement compared to the prior year's loss. Net income stood at ¥2.350 billion, reflecting robust performance across various segments. In its taxi operations, the company saw a substantial increase in sales due to fare adjustments and enhanced recruitment efforts, leading to improved demand recovery. Additionally, real estate development projects contributed significantly, with large-scale property sales boosting overall profitability. Bus services also experienced growth, driven by increased tourist traffic in Okinawa.
For the upcoming fiscal year ending March 2027, the company anticipates a challenging environment characterized by potential impacts from US trade policies and geopolitical tensions affecting raw material prices. However, it forecasts a modest decline in revenue while expecting higher profits. Regarding dividends, the board plans to distribute a final dividend of ¥10 per share for the fiscal year ending March 2026, alongside an interim dividend of ¥15, totaling ¥25 annually. For the next fiscal year, the company expects to maintain a similar dividend payout structure, aiming for ¥25 per share again. The detailed breakdown of earnings highlights improvements in key areas such as real estate sales and leasing activities, which showed positive trends despite some challenges in certain sectors.
Overall, the company’s diversified portfolio helped mitigate risks and sustain healthy financial results.
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