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Tokai Corp. <9729> rallied in the late afternoon session, fueled by an upward revision to its earnings outlook.

Mon Apr 6, 2026 3:22 pm JST Catalyst

Shares of Tokai Corp. <9729> extended their gains in late afternoon trading following an upward revision to its full-year guidance for the fiscal year ending March 2026. The company now expects consolidated sales of \159.64 billion (up 6.7% YoY) and net profit of \6.06 billion (up 28.1% YoY), beating initial forecasts and prompting a wave of buying.

Management attributed the robust outlook to steady growth in its core hospital services and nursing care equipment rentals. The dispensing pharmacy segment also saw top-line growth driven by an increase in high-cost prescriptions. Furthermore, the bedding and linen supply business outperformed expectations, buoyed by recovering hotel occupancy rates and improved pricing. Effective utilization of rental assets in the senior care division also contributed to successful cost reductions.

Source: MINKABU PRESS

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