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TAKAKITA surges in late afternoon trade on upward revision to fiscal 2026 profit forecast
Takakita Co., Ltd. <6325> shares surged in late afternoon trade. Around 3:00 p.m., the company announced that its standalone operating profit for the fiscal year ending March 2026 is expected to reach 326 million yen (down 5.2% year-on-year), outpacing its previous forecast of 210 million yen. Net profit is now projected at 205 million yen (down 63.8% year-on-year), up from the earlier estimate of 168 million yen. The upgrade sparked immediate buying interest.
Revenue is expected at 6,548 million yen (down 6.6% year-on-year), slightly missing the previous 6,600 million yen guidance due to headwinds in core livestock and dairy markets. However, profitability improved as production volumes recovered from the second half, driven by higher factory utilization at its new welding plant. Enhanced in-house production, ongoing cost-cutting initiatives, and robust aftermarket sales also bolstered the results.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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