Takara Holdings' Attributable Profit Climbs Over 4% in Fiscal Q1

Takara Holdings' (TYO:2531) profit attributable to owners of the parent climbed 4.1% to 5.17 billion yen in the fiscal three months ended June 30, from 4.97 billion yen a year ago mainly due to an increase in extraordinary income.

The increased exceptional income was a result of the sale of noncurrent assets and investment securities, according to a delayed filing.

The beverage company said earnings per share (EPS) rose to 26.48 yen from 25.11 yen a year ago.

Net sales increased 4.2% to nearly 85 billion yen from 81.5 billion yen a year earlier.

It forecasted attributable profit to grow 6.9% to 8.6 billion yen or 44.04 yen per share and net sales to gain 4.8% to 171 billion yen for the first half ending Sept. 30.

For the fiscal year ending March 31, 2025, it projected attributable profit to grow 6.3% to 17.2 billion yen or 88.09 yen per share and net sales to gain 6.7% to 362 billion yen.

The company expects to pay a year-end dividend of 31 yen per share for the current fiscal year.

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