ABC-Mart's Full-Year Profit Edges Up 2%

MT Newswires Live04-08

ABC-Mart's (TYO:2670) profit attributable to owners of the parent rose 2.2% to 46.3 billion yen for the fiscal year ended Feb. 28 from 45.4 billion yen a year earlier.

The retail company's basic earnings per share increased to 187.17 yen from 183.18 yen a year ago, according to a Tokyo bourse filing on Wednesday.

Net sales climbed 1.7% to 378.6 billion yen from 372.2 billion yen in the prior year.

It declared a final dividend of 40 yen per share, payable from May 27.

For the fiscal year ending Feb. 28, 2027, the company expects an attributable profit of 46.4 billion yen, basic EPS of 187.39 yen, and net sales of 400.8 billion yen.

ABC-MART plans to pay interim and year-end dividends of 40 yen per share each, bringing the total to 80 yen for the current year, which is higher than the 70 yen per share paid in the year-ago period.

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