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Japan Eyewear Holdings Reports Profit Increase and Raises Dividend Forecast

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Japan Eyewear Holdings Reports Profit Increase and Raises Dividend Forecast

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Japan Eyewear Holdings Co.,Ltd. ( (JP:5889) ) has issued an announcement.

Japan Eyewear Holdings Co., Ltd. reported a slight increase in revenue and a significant rise in profit for the fiscal year ended January 2025, compared to its previous forecasts. The company attributes this profit increase to the recognition of additional deferred tax assets. Additionally, the company has revised its year-end dividend forecast, raising it by 10 yen per share, reflecting its commitment to shareholder returns and aligning with its policy of maintaining a 40% dividend payout ratio.

More about Japan Eyewear Holdings Co.,Ltd.

Japan Eyewear Holdings Co., Ltd. operates in the eyewear industry, focusing on the production and distribution of eyewear products. The company is listed on the Tokyo Stock Exchange Standard Market and aims to provide high-quality eyewear solutions to its customers.

YTD Price Performance: -10.74%

Average Trading Volume: 215,114

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen50.08B

See more data about 5889 stock on TipRanks’ Stock Analysis page.

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