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Takeuchi Mfg Shares Surge in Late Afternoon Trade on New Interim Dividend, Plans 10 Yen Annual Increase

Fri Apr 10, 2026 3:22 pm JST Catalyst

Takeuchi Mfg <6432> Shares Surged in Late Afternoon Trade on April 10. The Company Reported Consolidated Results for the Fiscal Year Ending February 2026 After the Market Close, With Sales and Both Ordinary and Net Profit Beating Its Previous Guidance. For the Fiscal Year Ending February 2027, It Forecasts Sales of 244.0 Billion Yen, Up 8.3% Year on Year, and Net Profit of 25.9 Billion Yen, Down 8.4%. Despite the Projected Profit Decline, Selling Pressure Was Limited as the Outlook Was Seen as Relatively Strong Versus Market Expectations. The Company Also Plans to Introduce an Interim Dividend From This Fiscal Year, Forecasting an Annual Dividend of 220 Yen, Comprising 110 Yen Each for Interim and Year-End Payments. The Increase of 10 Yen From the Previous Year Drew Buying Interest.

For the Current Fiscal Year, Takeuchi Mfg Expects Unit Sales to Rise 5.7% Year on Year. While Demand for Mini Excavators in North America Is Seen Remaining Soft, Non-Residential Construction Is Expected to Stay Firm and Crawler Loader Sales to Perform Well. In Europe, Demand for Mini Excavators Is Expected to Continue Recovering. On the Cost Side, the Company Factored in the Impact of U.S. Tariffs, Higher Raw Material and Energy Prices, and Increased Component Costs Due to Yen Weakness. Assumed Exchange Rates Are 147 Yen per Dollar (Versus 149.97 Yen a Year Earlier), 200 Yen per Pound (200.58 Yen), 174 Yen per Euro (169.63 Yen), and 21.20 Yen per Yuan (20.87 Yen).

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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