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GLOBERIDE, Inc. ( (JP:7990) ) has shared an update.
GLOBERIDE, Inc. reported a 2.4% rise in net sales to ¥126.96 billion for the fiscal year ended March 31, 2026, with operating profit roughly flat at ¥6.50 billion but ordinary profit up 10.7% and profit attributable to owners of parent up 13.1%. Earnings per share climbed to ¥240.06, while total assets and net assets increased, reflecting a stronger balance sheet and improved cash flow from operating activities.
The company raised its annual dividend to ¥90 per share for FY2026 and plans a further increase to ¥100 in FY2027, signaling continued shareholder returns alongside earnings growth. For the year ending March 31, 2027, GLOBERIDE forecasts net sales of ¥134 billion and higher operating profit, though it expects ordinary profit to decline, suggesting some pressure on non-operating income even as core business performance is projected to improve.
More about GLOBERIDE, Inc.
GLOBERIDE, Inc., listed on the Tokyo Stock Exchange under code 7990, operates in the sporting goods and leisure equipment industry, best known for its DAIWA brand fishing tackle and related outdoor products. The company serves both domestic and overseas markets, focusing on recreational and sporting consumers and maintaining a solid financial base with an equity ratio above 50%.
Average Trading Volume: 93,151
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen47.1B
Learn more about 7990 stock on TipRanks’ Stock Analysis page.