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DIP shares fall sharply on weaker-than-expected fiscal 2026 results
Shares of DIP Corporation <2379> fell sharply. Following the market close on the 14th, the company announced its consolidated financial results for the fiscal year ended February 2026, reporting sales of 54.852 billion yen (down 2.7% year-on-year) and an operating profit of 9.112 billion yen (down 32.0% year-on-year). The results missed the company's previous guidance of 60 billion yen in sales and 12 billion yen in operating profit, disappointing investors.
The sluggish performance reflects slower contract acquisitions from both new and existing clients, weighed down by internal organizational changes. For the fiscal year ending February 2027, Dip forecasts sales between 53.5 billion yen and 57.6 billion yen (down 2.5% to up 5.0% year-on-year), alongside an operating profit of 5 billion yen to 10 billion yen (down 45.1% to up 9.7% year-on-year). The company set its dividend forecast at 97 yen per share, up from 95 yen in the previous year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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