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FUJI shares jump in afternoon as firm raises FY2026 profit outlook on robust used home sales
FUJI CORPORATION LIMITED <8860> surged in afternoon trading. At 2 p.m. on 20th, the company announced that its consolidated results for the fiscal year ending March 2026 are expected to show revenue of 138.0 billion yen (up 11.4% year-on-year), 12.0 billion yen above its previous forecast, and ordinary profit of 7.0 billion yen (up 0.2% year-on-year), 1.3 billion yen above the prior estimate. The market welcomed the news as Fuji reversed an earlier projection of a decline in ordinary profit to now expect an increase. Used housing deliveries in the housing distribution segment significantly exceeded initial forecasts.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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