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Japan's Daiichi Co. Posts 10% Profit Growth in First Quarter

Daiichi Co. Ltd. saw its first-quarter net profit rise to ¥443 million, supported by a sharp increase in sales and improved operating margins. The Japanese retailer reported an 11.3% revenue jump to ¥16.38 billion for the three months ending Dec. 31, signaling a strong start to its 2025 fiscal year.

Japan's Daiichi Co. Posts 10% Profit Growth in First Quarter

The company’s operating profit climbed to ¥662 million, up from ¥526 million a year earlier, according to the latest financial filing. This growth trickled down to the bottom line, with earnings per share reaching ¥39.46. The results reflect a steady expansion in the company's core business activities despite broader economic pressures in the Japanese retail sector.

Dividend Outlook and Shareholder Returns

Daiichi is also adjusting its shareholder return strategy. The company announced an annual dividend forecast of ¥40.00 per share, an increase from the ¥36.00 paid out in the previous fiscal year. This includes a projected year-end dividend of ¥20.00, according to the company's forecast.

The quarterly performance highlights include:

  • Total revenue: ¥16.38 billion (vs. ¥14.72 billion YoY)
    • Pretax profit: ¥650.00 million (vs. ¥529.00 million YoY)
  • Net income: ¥443.00 million (vs. ¥401.00 million YoY)
The financial results were prepared in accordance with Japanese accounting standards. While the current figures show momentum, the company noted that future dividend payments remain subject to final year-end performance and board approval.

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