Heiwado's Full-Year Profit Falls 12%

MT Newswires Live04-02

Heiwado's (TYO:8276) profit attributable to owners of the parent fell 12% to 9.41 billion yen for the fiscal year ended Feb. 20 from 10.7 billion yen a year earlier.

The retailer's earnings per share declined to 189.29 yen from 209.08 yen a year ago, according to a Tokyo bourse filing on Thursday.

Operating revenue rose 2.5% to over 456 billion yen from 444.9 billion yen in the prior year.

Heiwado declared a final dividend of 33 yen per share, payable from May 15, bringing the total annual dividend to 66 yen per share.

For the fiscal year ending Feb. 20, 2027, the company expects attributable profit of 9.8 billion yen, basic EPS of 198.16 yen, and net sales of 478 billion yen.

Heiwado plans to pay interim and year-end dividends of 33 yen per share each for the current year, totalling 66 yen per share.

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