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Wadakohsan shares drop sharply to YTD low for third straight day on lower profit, dividend cut forecast

Mon Apr 13, 2026 11:21 am JST Catalyst

Wadakohsan Corporation <8931> fell sharply for a third consecutive day, hitting a year-to-date low. After the market close on the 10th, Wadakohsan disclosed its earnings forecast for the fiscal year ending February 2027 alongside non-consolidated results for the fiscal year ended February 2026. The company projected sales of 46.0 billion yen (up 9.1% year-on-year) and net income of 2.1 billion yen (down 20.0% year-on-year). The annual dividend forecast stands at 60 yen per share, comprising an interim dividend of 25 yen and a year-end dividend of 35 yen, compared to 72 yen the previous year. Selling pressure emerged in response to the significant profit decline and dividend cut outlook. For the fiscal year ended February 2026, sales came in at 42.144 billion yen (up 5.0% year-on-year) and net income at 2.623 billion yen (down 16.0% year-on-year). While the core condominium sales segment saw revenue and profit growth, segment profits from detached housing and other real estate sales declined sharply.

Source: MINKABU PRESS

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

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