CCI Raises FY2027 Dividend to ¥35 per Share After First-Half Profit Growth
Key Facts
CCI Group raised its projected annual dividend for the fiscal year ending in March 2027 to ¥35 per share, from ¥30 in its previous guidance, according to a disclosure issued on October 30, 2026. The company kept its second-quarter-end dividend at ¥15 per share, while raising its year-end dividend from ¥15 to ¥20. That means the increase is concentrated in the final payment, not the interim dividend. The group said its revised financial outlook was linked to an expected increase in net interest income at Hokukoku Bank and a lower expected effective tax rate. The revision puts shareholder returns at the forefront of the disclosure, alongside first-half results showing growth in revenue and profit.
CCI said net interest income at Hokukoku Bank is likely to rise with higher interest rates and other factors. It added that its outlook took into account a lower effective tax rate resulting from the accounting for tax effects. These factors provide a specific explanation for the outlook revision, without the company attributing the change to a general description of its banking operations. On dividends, the group said the increase is consistent with its shareholder-return policy, which targets a payout ratio of about 40%. It projected a consolidated payout ratio of 40.6% for FY2027.
First-half FY2027 results showed ordinary revenue of ¥71.256 billion, up 32.7% year on year. Ordinary profit was ¥15.342 billion, up 24.2%, while net profit attributable to owners of the parent reached ¥13.670 billion, an increase of 68.6%. In the same period of the previous fiscal year, the group recorded ordinary revenue of ¥53.678 billion and ordinary profit of ¥12.345 billion. Net profit then was ¥8.105 billion. The comparison shows net profit growth accelerating relative to revenue and ordinary profit growth during the period.
On October 30, the day of the disclosure, CCI Group shares closed at ¥1,130 in Tokyo, up 0.09% for the session, according to Investing.com data. The close came on the same day the group published a notice revising its earnings and dividend forecasts for the fiscal year ending March 31, 2027. The company said its forecasts were prepared based on information available when the disclosure was published. It added that actual results may differ from forecasts because of multiple forward-looking factors. The disclosure did not specify a later date for updating these estimates.