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Nikkato Corp Profit More Than Doubles in First Half

Nikkato Corp reported a sharp climb in profitability for the six months ending September 30, with net profit reaching 717 million yen compared to 344 million yen in the same period last year. The surge reflects a broader expansion in revenue, which climbed to 6.66 billion yen from 5.32 billion yen.

Nikkato Corp Profit More Than Doubles in First Half

Operating profit rose significantly to 940 million yen, up from 497 million yen, while pretax profit reached 992 million yen against 525 million yen reported previously. Earnings per share followed this upward trend, climbing to 59.94 yen from 28.74 yen.

Following these results, the company adjusted its dividend outlook, setting a midyear payout of 15 yen per share, an increase from the 10 yen provided in the prior year. The projected year-end dividend is 12 yen, bringing the total annual forecast to 27 yen per share. These figures are based on Japanese accounting standards.

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