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SK JAPAN shares surge in afternoon session on strong results, record profit guidance
SK JAPAN <7608> surged in afternoon trading after disclosing its earnings forecast for the fiscal year ending February 2027 at midday on April 14, alongside its consolidated results for the fiscal year ended February 2026. For the current fiscal year, the company projects sales of 17.0 billion yen, up 4.7% year-on-year, and ordinary profit of 1.96 billion yen, up 4.1%. SK Japan expects to achieve its second consecutive year of record-high profits. The positive market reaction followed previous fiscal year results that exceeded initial guidance.
The company set its dividend forecast at 12 yen per share for both interim and year-end payments, totaling 24 yen per share annually. This represents an effective dividend increase, given that the previous year’s annual dividend was 23.50 yen on a post-split basis, following a 2-for-1 stock split effective March 1. For the fiscal year ended February 2026, sales reached 16.232 billion yen (up 22.3% year-on-year) and net profit totaled 1.333 billion yen (up 43.5%). Performance was driven by an expanded lineup of character merchandise for amusement facilities and strong sales to specialty fancy goods stores and mass retailers. For the fiscal year ending February 2027, the company aims for sustainable growth by focusing on product development and service improvements.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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