Buy Or Sell Opportunity • Jun 03
Now 22% overvalued Over the last 90 days, the stock has fallen 3.7% to JP¥15,675. The fair value is estimated to be JP¥12,846, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to grow by 8.5% per annum. Earnings are also forecast to grow by 8.7% per annum over the same time period. Price Target Changed • May 21
Price target increased by 15% to JP¥20,450 Up from JP¥17,750, the current price target is an average from 2 analysts. New target price is 24% above last closing price of JP¥16,480. Stock is up 113% over the past year. The company is forecast to post earnings per share of JP¥680 for next year compared to JP¥618 last year. Announcement • May 14
Organo Corporation, Annual General Meeting, Jun 26, 2026 Organo Corporation, Annual General Meeting, Jun 26, 2026. Reported Earnings • May 14
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: JP¥618 (up from JP¥525 in FY 2025). Revenue: JP¥177.7b (up 8.8% from FY 2025). Net income: JP¥28.4b (up 18% from FY 2025). Profit margin: 16% (up from 15% in FY 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.0%. Earnings per share (EPS) also surpassed analyst estimates by 2.2%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 76% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥18,065, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 16x in the Machinery industry in Japan. Total returns to shareholders of 464% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥31,999 per share. Price Target Changed • Mar 26
Price target increased by 9.2% to JP¥17,750 Up from JP¥16,250, the current price target is an average from 2 analysts. New target price is 20% above last closing price of JP¥14,815. Stock is up 112% over the past year. The company is forecast to post earnings per share of JP¥605 for next year compared to JP¥525 last year. Announcement • Mar 23
Organo Corporation to Report Fiscal Year 2026 Results on May 13, 2026 Organo Corporation announced that they will report fiscal year 2026 results on May 13, 2026 Upcoming Dividend • Mar 23
Upcoming dividend of JP¥95.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥14,645, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 16x in the Machinery industry in Japan. Total returns to shareholders of 374% over the past three years. Reported Earnings • Feb 05
Third quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2026 results: EPS: JP¥141 (up from JP¥127 in 3Q 2025). Revenue: JP¥44.9b (up 8.6% from 3Q 2025). Net income: JP¥6.47b (up 11% from 3Q 2025). Profit margin: 14% (in line with 3Q 2025). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) missed analyst estimates by 16%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Feb 05
Now 22% undervalued Over the last 90 days, the stock has risen 11% to JP¥14,575. The fair value is estimated to be JP¥18,756, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 14% in the next 2 years. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥16,585, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 16x in the Machinery industry in Japan. Total returns to shareholders of 472% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥17,650 per share. Buy Or Sell Opportunity • Jan 08
Now 21% undervalued Over the last 90 days, the stock has risen 16% to JP¥13,960. The fair value is estimated to be JP¥17,692, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 14% in the next 2 years. Announcement • Dec 20
Organo Corporation to Report Q3, 2026 Results on Feb 04, 2026 Organo Corporation announced that they will report Q3, 2026 results on Feb 04, 2026 Declared Dividend • Dec 02
First half dividend of JP¥95.00 announced Shareholders will receive a dividend of JP¥95.00. Ex-date: 30th March 2026 Payment date: 30th June 2026 Dividend yield will be 1.5%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (31% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has increased by an average of 34% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Nov 14
Now 22% undervalued Over the last 90 days, the stock has risen 16% to JP¥13,955. The fair value is estimated to be JP¥17,919, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Reported Earnings • Nov 01
Second quarter 2026 earnings: EPS and revenues exceed analyst expectations Second quarter 2026 results: EPS: JP¥172 (up from JP¥119 in 2Q 2025). Revenue: JP¥44.7b (up 4.6% from 2Q 2025). Net income: JP¥7.89b (up 45% from 2Q 2025). Profit margin: 18% (up from 13% in 2Q 2025). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥85.00 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 09 December 2025. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (2.0%). Announcement • Sep 21
Organo Corporation to Report Q2, 2026 Results on Oct 31, 2025 Organo Corporation announced that they will report Q2, 2026 results on Oct 31, 2025 Price Target Changed • Aug 15
Price target increased by 15% to JP¥11,300 Up from JP¥9,850, the current price target is an average from 3 analysts. New target price is 5.8% below last closing price of JP¥11,990. Stock is up 71% over the past year. The company is forecast to post earnings per share of JP¥550 for next year compared to JP¥525 last year. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to JP¥11,870, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Machinery industry in Japan. Total returns to shareholders of 428% over the past three years. Reported Earnings • Aug 05
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: JP¥79.23 (up from JP¥58.25 in 1Q 2025). Revenue: JP¥38.1b (up 21% from 1Q 2025). Net income: JP¥3.64b (up 36% from 1Q 2025). Profit margin: 9.6% (up from 8.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 10%. Earnings per share (EPS) missed analyst estimates by 14%. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 04
Organo Corporation Revises Consolidated Earnings Forecasts for the Six Months Ending September 30, 2025 and Full Year Ending March 31, 2026 Organo Corporation revised consolidated earnings forecasts for the six months ending September 30, 2025 and full year ending March 31, 2026. For the six months ending September 30, 2025, the company now expects net sales of JPY 82,000 million, operating profit of JPY 14,800 million, profit attributable to owners of the parent of JPY 9,700 million, and basic earnings per share of JPY 211.03 com[pared to previous forecast for net sales of JPY 77,500 million, operating profit of JPY 11,500 million, profit attributable to owners of shares of JPY 7,500 million and basic earnings per share of JPY 163.16. it is mainly due to the impact of the earlier than expected timing of orders received for large-scale plant projects in the electronics industry in Taiwan. Net sales are expected to exceed the initial forecast, mainly due to the fact that construction work on large-scale plant projects in the electronics industry overseas progressed faster than initially expected during the first half of the fiscal year. Profits are expected to exceed initial forecasts due to the increase in net sales as well as cost reductions and improvement in profitability of plant projects, etc.
For the full year ending March 31, 2026, the company now expects net sales of JPY 175,000 million, operating profit of JPY 34,000 million, profit attributable to owners of the parent of JPY 26,100 million, and basic earnings per share of JPY 567.81 compared to the previous forecast for net sales of JPY 175,000 million, operating profit of JPY 31,500 million, profit attributable to owners of shares of JPY 24,200 million, and basic earnings per share of JPY 526.48. It is mainly due to the effect of cost reduction and improvement in profitability in the first half. Declared Dividend • Jul 09
Final dividend of JP¥85.00 announced Shareholders will receive a dividend of JP¥85.00. Ex-date: 29th September 2025 Payment date: 9th December 2025 Dividend yield will be 1.9%, which is lower than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 33% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 21
Organo Corporation to Report Q1, 2026 Results on Aug 04, 2025 Organo Corporation announced that they will report Q1, 2026 results on Aug 04, 2025 Reported Earnings • May 14
Full year 2025 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2025 results: EPS: JP¥525 (up from JP¥377 in FY 2024). Revenue: JP¥163.3b (up 8.6% from FY 2024). Net income: JP¥24.2b (up 40% from FY 2024). Profit margin: 15% (up from 12% in FY 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 5.1%. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 13
Organo Corporation, Annual General Meeting, Jun 27, 2025 Organo Corporation, Annual General Meeting, Jun 27, 2025. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥5,710, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 11x in the Machinery industry in Japan. Total returns to shareholders of 149% over the past three years. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥71.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 30 June 2025. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (2.1%). Announcement • Mar 20
Organo Corporation to Report Fiscal Year 2025 Results on May 13, 2025 Organo Corporation announced that they will report fiscal year 2025 results on May 13, 2025 Reported Earnings • Feb 06
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: JP¥127 (up from JP¥103 in 3Q 2024). Revenue: JP¥41.4b (up 1.5% from 3Q 2024). Net income: JP¥5.83b (up 24% from 3Q 2024). Profit margin: 14% (up from 12% in 3Q 2024). The increase in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) also missed analyst estimates by 7.7%. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 30
PT Lautan Air Indonesia signed a letter of intent to acquire 21% stake in PT Lautan Organo Water from Organo Corporation (TSE:6368). PT Lautan Air Indonesia signed a letter of intent to acquire 21% stake in PT Lautan Organo Water from Organo Corporation (TSE:6368) on November 29, 2024. A cash consideration will be paid by PT Lautan Air Indonesia. As part of consideration, an undisclosed value is paid towards common equity of PT Lautan Organo Water. The expected completion of the transaction is early March 2025. New Risk • Jan 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • Dec 21
Organo Corporation to Report Q3, 2025 Results on Feb 05, 2025 Organo Corporation announced that they will report Q3, 2025 results on Feb 05, 2025 New Risk • Dec 11
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Declared Dividend • Dec 10
First half dividend of JP¥71.00 announced Shareholders will receive a dividend of JP¥71.00. Ex-date: 28th March 2025 Payment date: 30th June 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.1%. Sustainability & Growth The dividend has increased by an average of 30% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to JP¥8,540, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Machinery industry in Japan. Total returns to shareholders of 402% over the past three years. New Risk • Nov 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 04
Second quarter 2025 earnings: EPS exceeds analyst expectations Second quarter 2025 results: EPS: JP¥119 (up from JP¥85.81 in 2Q 2024). Revenue: JP¥42.7b (up 19% from 2Q 2024). Net income: JP¥5.46b (up 39% from 2Q 2024). Profit margin: 13% (up from 11% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 22%. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Sep 21
Organo Corporation to Report Q2, 2025 Results on Nov 01, 2024 Organo Corporation announced that they will report Q2, 2025 results on Nov 01, 2024 Upcoming Dividend • Sep 20
Upcoming dividend of JP¥53.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 04 December 2024. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (2.9%). Reported Earnings • Aug 02
First quarter 2025 earnings: EPS misses analyst expectations First quarter 2025 results: EPS: JP¥58.25 (up from JP¥34.80 in 1Q 2024). Revenue: JP¥31.6b (up 6.8% from 1Q 2024). Net income: JP¥2.68b (up 68% from 1Q 2024). Profit margin: 8.5% (up from 5.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.3%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 11
Final dividend of JP¥53.00 announced Shareholders will receive a dividend of JP¥53.00. Ex-date: 27th September 2024 Payment date: 4th December 2024 Dividend yield will be 1.4%, which is lower than the industry average of 2.1%. Sustainability & Growth The dividend has increased by an average of 27% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 23
Organo Corporation to Report Q1, 2025 Results on Jul 31, 2024 Organo Corporation announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 16
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: JP¥377 (up from JP¥256 in FY 2023). Revenue: JP¥150.4b (up 14% from FY 2023). Net income: JP¥17.3b (up 48% from FY 2023). Profit margin: 12% (up from 8.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.5%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 15
Organo Corporation, Annual General Meeting, Jun 27, 2024 Organo Corporation, Annual General Meeting, Jun 27, 2024. Price Target Changed • Apr 01
Price target increased by 20% to JP¥8,000 Up from JP¥6,650, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of JP¥7,700. Stock is up 118% over the past year. The company is forecast to post earnings per share of JP¥351 for next year compared to JP¥256 last year. Announcement • Mar 23
Organo Corporation to Report Fiscal Year 2024 Results on May 13, 2024 Organo Corporation announced that they will report fiscal year 2024 results on May 13, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥41.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.2%). Lower than average of industry peers (1.9%). Announcement • Feb 09
Organo Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2024 Organo Corporation provided consolidated earnings guidance for the fiscal year ending March 31, 2024. For the year, the company expects net sales of JPY 150,000 million, operating profit of JPY 22,000 million, profit attributable to owners of parent of JPY 17,000 million and basic earnings per share of JPY 370.21. Reported Earnings • Feb 04
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: JP¥103 (up from JP¥55.03 in 3Q 2023). Revenue: JP¥40.8b (up 24% from 3Q 2023). Net income: JP¥4.71b (up 87% from 3Q 2023). Profit margin: 12% (up from 7.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 17%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 22
Organo Corporation to Report Q3, 2024 Results on Feb 02, 2024 Organo Corporation announced that they will report Q3, 2024 results on Feb 02, 2024 Announcement • Nov 08
Organo Corporation Announces Dividend for the Second Quarter Ended September 30, 2023, Payable on December 4, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024 Organo Corporation announced dividend for the second quarter ended September 30, 2023 of JPY 41.00 per share. Scheduled date to commence dividend payments is December 4, 2023. For the fiscal year ending March 31, 2024, the company expects to pay dividend of JPY 41.00 per share. Reported Earnings • Nov 02
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: JP¥85.81 (up from JP¥77.00 in 2Q 2023). Revenue: JP¥35.9b (up 4.6% from 2Q 2023). Net income: JP¥3.94b (up 12% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Japan. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 26
Organo Corporation Revises Dividend Forecasts for the Second Quarter and Full Year of Fiscal Year Ending March 31, 2024 Organo Corporation expects dividend of ¥41.00 per share for the second quarter of fiscal year ending March 31, 2024 against previous guidance of ¥33.00 per share.The company expects a dividend of ¥41.00 per share for the year ending March 31, 2024, against previous guidance of ¥33.00 per share. 
