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TECHNO RYOWA rebounds to positive territory in afternoon session after raising net profit and year-end dividend forecasts on productivity improvements
TECHNO RYOWA LTD. <1965> rebounded to positive territory in afternoon trading. At around 2:05 p.m. today, the company announced revisions to its consolidated earnings forecast for the fiscal year ending March 2026. While the company lowered its sales forecast from the previous \98.5 billion to \97.9 billion (up 16.3% year-on-year), it raised its net profit forecast from \9.65 billion to \11.24 billion (up 54.9% year-on-year). At the same time, the company increased its year-end dividend forecast by \62 to \120, attracting buying interest on the back of the expanded profit growth outlook and enhanced shareholder returns. The full-year dividend forecast now stands at \170 (compared to \100 in the previous fiscal year).
Although the company revised its order backlog forecast upward from \98 billion to \106.8 billion, sales are expected to fall short of the previous forecast due to a review of progress on ongoing construction projects. Profits are expanding as productivity improves through efficient construction management.
Source: MINKABU PRESS
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