DCM's Profit Up Marginally in Fiscal 2025
DCM's (TYO:3050) profit attributable to owners of the parent rose 1% to 17.3 billion yen for the fiscal year 2025 from 17.1 billion yen a year earlier.The hardware store company's basic earnings per share declined to 127.02 yen from 128.01 yen a year ago, according to a Tokyo bourse filing on Tuesday.Operating revenues slipped 0.4% to 542.3 billion yen for the full year ended Feb. 28 from 544.6 billion yen in the prior year.In a separate filing, DCM raised its final dividend target to 24 yen per share from 23 yen initially.The proposed dividend, payable from May 29, will be submitted for approval at the next shareholders' meeting on May 28.For the fiscal year 2026, the company expects attributable profit of 17.4 billion yen, basic EPS of 125.71 yen, and operating revenues of 577.3 billion yen.DCM plans to pay interim and year-end dividends of 24 yen per share each for the year, which is higher than the amount paid in the year-ago period.
