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FINWIRES

Mirai Industry's Full-Year Profit Slips 2.8%

-- Mirai Industry's (TYO:7931) profit attributable to owners of the parent slipped 2.8% to 4.7 billion yen for the fiscal year ended March 20 from 4.83 billion yen a year earlier.

The electrical materials and piping company's earnings per share declined to 290.73 yen from 299.64 yen a year ago, according to a Tokyo bourse filing on Thursday.

Net sales rose 1.2% to 45.7 billion yen from 45.1 billion yen in the prior year.

It declared a final dividend of 95 yen per share, payable from May 27.

For the fiscal year ending March 20, 2027, the company expects attributable profit of 877 million yen for the full year, basic EPS of 54.30 yen, and net sales of 11.8 billion yen.

Mirai Industry plans to pay interim and year-end dividends of 50 yen per share, each, for the year, which is lower than the amount paid in the prior-year period.

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