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Advan Group Shares Firm Up on Forecast for Higher Revenue and Operating Profit in FY03/27
Shares of Advan Group <7463> posted solid gains as its positive outlook was well received by the market. After the market close on the 6th, the company announced its consolidated earnings forecast for the fiscal year ending March 2027, projecting revenue of \18.5 billion (up 8.6% year-on-year) and an operating profit of \2.8 billion (up 25.4% year-on-year). The annual dividend forecast was set at \40 per share (down from \100 in the previous fiscal year, which consisted of a \40 ordinary dividend and a \60 special dividend). This upbeat guidance successfully attracted strong buying interest.
Concurrently, the company reported its financial results for the fiscal year ended March 2026. Revenue fell 8.0% year-on-year to \17.036 billion, and operating profit dropped 29.1% year-on-year to \2.232 billion. The decline was largely attributed to rising procurement costs and a chronic shortage of skilled construction workers, which led to delays and postponements of several large-scale projects. On the bottom line, however, net profit was buoyed by valuation gains on foreign exchange contracts driven by a weaker yen.
Source: MINKABU PRESS
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