TOKYO, May 14 (Pulse News Wire) – Epco CO.,LTD. (2311.T) reported robust revenue and profit growth for its fiscal year ending December 2026, driven primarily by renewable energy and maintenance services.
In the first quarter, the company achieved a sales increase of ¥1.608 billion compared to the previous year, marking a rise of 115%. Operating profit surged to ¥137 million, up from ¥32 million, while net profit climbed to ¥100 million from ¥52 million. The strong performance was bolstered by significant contributions from TEPCO Home Tech (THT) and ENE’s, which saw a substantial uptick in orders from major house manufacturers. Additionally, the company introduced a new initial cost service package, increasing the number of installations to over 55,000 units.
Despite some challenges, such as increased costs due to the yen depreciation impacting Chinese operations, design services managed to progress steadily towards their targets. Looking ahead, EPCO plans to continue expanding its renewable energy offerings through strategic partnerships and large-scale projects with key clients. Meanwhile, the maintenance division will focus on enhancing productivity and implementing price adjustments to maintain profitability. In terms of shareholder returns, EPCO announced an enhanced dividend policy, increasing the payout ratio to support employee wealth creation and improve long-term performance.
The revised plan includes mid-year dividends of ¥25 per share (+¥1) and final dividends of ¥50 per share (+¥2).
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