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Broad-minded rebounds for the first time in three days on upward operating profit revision

Thu Apr 16, 2026 10:14 am JST Catalyst

Broad-minded Co Ltd <7343> rebounded for the first time in three sessions. Following the April 15 close, the company announced that preliminary consolidated operating profit for the fiscal year ended March 2026 is expected to reach 644 million yen (up 39.7% year-on-year), surpassing the previous 575 million yen forecast. Net profit is projected at 385 million yen (up 2.2 times year-on-year), exceeding the earlier estimate of 340 million yen.

To avoid discounted exit prices and secure planned margins, Broad-minded deferred the sale of several real estate properties, originally scheduled for the fourth quarter, to the fiscal year ending March 2027. Consequently, revenue is expected to reach 5,266 million yen (down 11.7% year-on-year), trailing the initial 5,940 million yen forecast. However, the company continues to generate rental income from these assets, supporting profitability. Broad-minded noted that steady growth in its core online sales division also contributed to the profit beat. In line with the upward revision, the company raised its year-end dividend forecast to 65 yen from 60 yen.

Source: MINKABU PRESS

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

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