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Asahi Kasei raised its annual profit forecast and dividend, boosting shares after a strong first nine months.
Asahi Kasei Corp. reported a 22.7% rise in net income for the first nine months of fiscal 2025, reaching 120.61 billion yen, with earnings per share at 88.82 yen.
The company raised its full-year profit forecast to 145 billion yen in attributable profit, up 7.4% from the prior year, while lowering its net sales outlook to 3.07 trillion yen.
It also proposed a higher total dividend of 40 yen per share.
Shares rose 5.6% on the Tokyo Stock Exchange following the results.
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Asahi Kasei elevó su pronóstico anual de ganancias y dividendos, aumentando las acciones después de un fuerte primer nueve meses.