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AEON Financial Drops Sharply as FY Feb 2027 Net Profit Forecast Points to a Decline
AEON Financial Service <8570> fell sharply. After the market close on the 8th, the company announced its consolidated earnings forecast for the fiscal year ending February 2027, projecting net sales of \600 billion (up 5.4% year-on-year) and net profit of \15 billion (down 28.9% year-on-year). Increased costs associated with core system renewal are expected to weigh on profitability. The company forecast a dividend of \53 per share, unchanged from the prior year. The stock faced selling pressure on concerns over the projected decline in net profit.
Concurrently, AEON Financial Service reported its financial results for the fiscal year ended February 2026, with net sales of \569.37 billion (up 6.8% year-on-year) and net profit of \21.092 billion (up 34.8% year-on-year), boosted by gains from the sale of investment securities. The company also unveiled its medium-term management plan (fiscal years 2026?2030), targeting net sales of \780 billion in the final year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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