Mitsuboshi Belting Ltd. Reports Financial Results and Adjusts Dividend Strategy

The latest update is out from Mitsuboshi Belting Ltd. ( (JP:5192) ).

Mitsuboshi Belting Ltd. reported its consolidated financial results for the fiscal year ended March 31, 2025, showing a 7.7% increase in net sales to ¥90,510 million. Despite a rise in operating profit by 15.1%, ordinary profit decreased by 4.7% to ¥9,154 million. The company also announced a reduction in annual dividends per share from ¥250.00 to ¥186.00, reflecting a strategic adjustment in its financial management. The forecast for the fiscal year ending March 31, 2026, indicates a slight decline in net sales and profits, suggesting a cautious outlook amidst changing market conditions.

More about Mitsuboshi Belting Ltd.

Mitsuboshi Belting Ltd. operates in the manufacturing industry, primarily focusing on producing and supplying industrial belts and related products. The company is listed on the Tokyo Prime stock exchange and is known for its commitment to quality and innovation in the belting industry.

Average Trading Volume: 64,975

Technical Sentiment Signal: Hold

Current Market Cap: Yen100.7B

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