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Elan posts strong Q1 growth and affirms 2026 outlook with higher dividend

Story Highlights
  • Elan delivered double-digit Q1 gains in sales, profits and EPS, with net profit up 18.7% and an improved equity ratio above 56 percent.
  • The company kept its 2026 guidance for nearly 10 percent sales growth and raised its planned annual dividend to 16 yen per share.
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Elan posts strong Q1 growth and affirms 2026 outlook with higher dividend

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Elan Corp. ( (JP:6099) ) has provided an update.

Elan Corporation reported consolidated net sales of ¥14.76 billion for the first quarter ended March 31, 2026, up 9.9% year-on-year, with operating profit rising 21.9% to ¥1.44 billion and net profit attributable to owners of the parent increasing 18.7% to ¥949 million, driving earnings per share to ¥15.70. Total assets stood at ¥25.76 billion while the equity ratio improved to 56.3%, and management kept its 2026 full-year forecast unchanged, targeting 9.7% sales growth, a 17% rise in operating profit and a higher annual dividend of ¥16 per share, underlining confidence in sustained earnings expansion and continued shareholder returns.

The company’s balance sheet remained robust, with net assets of ¥14.93 billion and only minor changes in treasury share holdings related to its board benefit trust and employee stock ownership plans. Elan also confirmed a year-on-year dividend increase from ¥15 to ¥16 per share for the 2026 fiscal year and maintained guidance for double-digit profit growth, indicating stable operations and a commitment to enhancing capital efficiency and investor value.

More about Elan Corp.

Elan Corporation, listed on the Tokyo Stock Exchange Prime Market, operates in Japan with a focus on service-related businesses, as indicated by its recurring fee-based revenue structure and stable profitability. The company maintains a solid equity ratio above 50%, signaling a conservative balance sheet and capacity to support steady shareholder returns.

Average Trading Volume: 142,735

Technical Sentiment Signal: Sell

Current Market Cap: Yen44.2B

For detailed information about 6099 stock, go to TipRanks’ Stock Analysis page.

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