Oiles Corporation Reports Strong Financial Performance and Increases Dividend
Oiles Corporation (JP:6282) reported strong financial results for the fiscal year ending March 31, 2025, with profits exceeding forecasts due to asset sales and tax deductions. The company increased its year-end dividend from 38 yen to 48 yen per share, totaling 85 yen annually, reflecting its commitment to shareholder value. Oiles operates in the industrial sector, focusing on bearings and structural devices, and is listed on the Tokyo Stock Exchange’s Prime Market.
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
See more data about 6282 stock on TipRanks’ Stock Analysis page.
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