The latest update is out from Oiles ( (JP:6282) ).
Oiles Corporation announced a significant difference between its forecasted and actual financial results for the fiscal year ending March 31, 2025. The company reported higher-than-expected profits across its divisions, attributed to extraordinary profits from asset sales and tax deductions, leading to a substantial increase in net income. Additionally, Oiles Corporation has decided to increase its year-end dividend from the previously forecasted 38 yen per share to 48 yen per share, resulting in a total annual dividend of 85 yen per share. This decision reflects the company’s strong financial performance and commitment to returning value to shareholders.
More about Oiles
Oiles Corporation operates within the industrial sector, focusing on the production and distribution of bearings and structural devices. The company serves various market segments, including automotive and general industrial applications, and is listed on the Tokyo Stock Exchange’s Prime Market.
Average Trading Volume: 112,079
Current Market Cap: Yen65.22B
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