Lecip Holdings Revises Earnings Forecast and Dividend Policy

Lecip Holdings Corporation ( (JP:7213) ) has issued an announcement.

Lecip Holdings Corporation has revised its consolidated earnings forecast for the fiscal year ending March 2025, citing increased investment in the domestic bus market and rising demand for cashless payment solutions. The company anticipates higher sales and profitability due to improved productivity and smoother-than-expected product deliveries for the New York City subway. Additionally, Lecip has updated its dividend policy to target a Dividend on Equity ratio of 2% or higher, reflecting its commitment to stable shareholder returns.

More about Lecip Holdings Corporation

Lecip Holdings Corporation operates in the transportation industry, focusing on products such as color LED destination displays, on-board information display systems, bus operation support units, IC card readers/writers, and related software. The company has a market focus on both the domestic bus market and the U.S. railway market, with significant involvement in the New York City subway system.

YTD Price Performance: 1.24%

Average Trading Volume: 43,970

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen7.13B

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