Shimamura's Fiscal Q1 Profit Climbs 19%

MT Newswires Live06-29 18:28

Shimamura's (TYO:8227) profit attributable to owners of the parent rose 19% to 12.85 billion yen for the three months ended May 20, from 10.80 billion yen a year earlier, according to a Tokyo bourse filing on Monday.

The retailer's basic earnings per share increased to 61.92 yen from 48.98 yen a year ago.

Net sales rose 7.9% to 181.66 billion yen from 168.37 billion yen in the prior year.

For the fiscal year ending Feb. 20, 2027, the company expects attributable profit of 47.3 billion yen, basic EPS of 227.92 yen, and net sales of 729.2 billion yen.

The company plans to pay interim and year-end dividends of 40 yen per share each for the fiscal year ending Feb. 20, 2027, bringing the annual payout to 80 yen per share.

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