kabutan

Sumiseki Holdings snaps two-day slide as FY2026 profit tops guidance on Wonbo dividends

Thu Apr 16, 2026 9:20 am JST Catalyst

Sumiseki Holdings, Inc. <1514> rebounded for the first time in three days. After the bell on April 15, the company announced that its consolidated results for the fiscal year ended March 2026 are expected to outperform previous guidance. Sales were revised to 10.6 billion yen (up 3.3% YoY) from the initial forecast of 9.7 billion yen, while operating profit is set to reach 330 million yen, nearly seven times the prior year's level. Net profit is now forecast at 2.6 billion yen, up from the earlier estimate of 1.6 billion yen.

The upward revision was attributed to stronger-than-expected dividends from its Australian associate Wonbo. In line with the improved outlook, Sumiseki Holdings raised its year-end dividend forecast to 20 yen per share from 15 yen.

Source: MINKABU PRESS

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

Related Articles