Vertex Corporation [5290.T]

TOKYO, May 14 (Pulse News Wire) – Vertex Corporation (5290.T) reported record revenue and operating profit for the fiscal year ended March 2026. Revenue reached ¥46.52 billion and operating profit was ¥7.058 billion.

Both figures surpassed previous highs, driven by strong performance across segments, particularly in concrete products and value-added items. Despite rising raw material costs, the company achieved higher margins through price adjustments and product mix improvements. For the upcoming fiscal year ending March 2027, Vertex forecasts continued growth, projecting revenue of ¥52.00 billion and operating profit of ¥7.100 billion. However, net income is expected to decline due to the absence of a negative goodwill gain recognized last year.

Excluding this item, the company anticipates a substantial increase in earnings. In addition to its robust financial results, Vertex plans to enhance shareholder returns. The dividend payout ratio will be raised to 40% from the previously targeted 30%, resulting in a per-share dividend of ¥40. The company also intends to repurchase up to 1 billion shares to optimize capital structure and support cash flow management.

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