Forum Engineering <7088> announced on the 8th that it has revised its full-year consolidated performance forecast for the fiscal year ending March 2025 and also revised its full-year dividend forecast (increase of 7.50 yen per share).
For the full-year consolidated performance forecast for the fiscal year ending March 2025 (April 2024 - March 2025), the company has upwardly revised the revenue by 0.8% to 34.6 billion yen compared to the previous forecast, the operating profit by 15.6% to 4 billion yen, the ordinary profit by 18.0% to 4.07 billion yen, the net income attributable to the parent company's shareholder by 18.0% to 2.725 billion yen, and the earnings per share by 52.01 yen.
The reason for the revision of the full-year consolidated performance forecast is attributed to the strong recruitment of technical staff in the dispatch division, an increase in the number of workers, and the continuous upward trend in new contract unit prices, which led to an increase in revenue. As a result, operating profit and beyond showed steady growth.
Based on the upward revision of the full-year consolidated performance forecast, the company has decided to increase the interim dividend from the previous forecast and also revise the year-end dividend forecast. The interim dividend is increased by 3 yen per share to 21.00 yen per share compared to the previous forecast. Furthermore, the annual dividend forecast is increased by 7.50 yen to 50.00 yen, with an interim dividend of 21.00 yen and a year-end dividend of 29.00 yen per share.