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eREX Doubles Dividend as Profit Surges but Holds Back on 2027 Outlook

Story Highlights
  • eREX boosted profitability in fiscal 2026, with higher income and assets despite slightly lower sales and tighter cash flow.
  • The company doubled its annual dividend but withheld fiscal 2027 guidance, citing uncertainty and limited earnings visibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
eREX Doubles Dividend as Profit Surges but Holds Back on 2027 Outlook

Meet Samuel – Your Personal Investing Prophet

eREX Co., Ltd. ( (JP:9517) ) has issued an update.

eREX reported fiscal 2026 consolidated net sales of ¥169.2 billion, down 1.2%, while operating income rose 5.3% to ¥7.5 billion and pre-tax income surged 41.8% to ¥9.0 billion. Net income attributable to owners more than doubled to ¥5.3 billion, lifting EPS to ¥68.36, and equity attributable to owners grew to ¥70.4 billion as total assets expanded to ¥170.1 billion, though operating cash flow tightened and investing outflows increased.

The company doubled its annual dividend to ¥22 per share, cutting the payout ratio to 32.2% and raising DOE to 2.6%, signaling confidence in earnings strength despite more volatile cash flows. However, eREX left its fiscal 2027 earnings forecast undetermined due to numerous uncertainties, indicating limited visibility on future performance and potentially heightened caution for investors watching the power market environment and project pipeline.

More about eREX Co., Ltd.

eREX Co., Ltd. is a Japan-based energy company listed on the Tokyo Stock Exchange, focusing on electric power-related businesses. The group operates under IFRS, with consolidated and non-consolidated results reflecting its role as a power supplier and trader in the domestic energy market.

Average Trading Volume: 699,676

Technical Sentiment Signal: Buy

Current Market Cap: Yen80.28B

Find detailed analytics on 9517 stock on TipRanks’ Stock Analysis page.

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