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BayCurrent hits daily limit on 27% profit growth forecast, strong consulting demand
BayCurrent <6532> surged for a third straight day, hitting its daily limit of 5,587 yen, up 700 yen from the previous session. Following the close on the 14th, the company released its results for the fiscal year ended February 2026 and issued its forecast for the year ending February 2027. The company projects sales of 190 billion yen (up 28.1% year-on-year) and a net profit of 48.1 billion yen (up 27.1%). The annual dividend forecast was raised to 130 yen, comprising an interim dividend of 65 yen and a year-end dividend of 65 yen (up from 100 yen in the previous year), drawing buyers on the back of strong growth projections and the dividend hike.
The company expects continued robust consulting demand in the domestic market driven by investments in digital transformation (DX) and generative AI, and plans to proceed with aggressive hiring and personnel development. For the fiscal year ended February 2026, it reported sales of 148.332 billion yen (up 27.8% year-on-year) and a net profit of 37.84 billion yen (up 23.0%).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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