Hokuriyo finished the year ended March 2026 with an annual report that should keep dividend investors interested. Revenue rose to ¥23.11bn from ¥19.40bn, ordinary income reached ¥5.05bn from ¥2.00bn, and net income came in at ¥3.86bn versus ¥2.18bn a year earlier.
Earlier annual reports put sales at ¥15.36bn for the year ended March 2022 and ¥17.82bn for 2023, which gives the latest revenue figure a longer arc than a single good year. The sharper shareholder headline, though, is the payout: the company lifted its dividend to ¥130 a share from ¥70, while basic earnings per share reached ¥456.65.
The filing also puts return on equity at 24.4% and the equity-to-asset ratio at 74.9%. The safest read is the obvious one: higher sales, higher profit and a larger cash return to shareholders.