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ACOM shares surge on better-than-expected March 2026 results driven by loan interest income
ACOM CO., LTD. <8572> shares surged significantly on 21st. After the close of trading on 20th, the consumer finance company announced that its consolidated financial results for the fiscal year ending March 2026, which are currently being finalized, exceeded initial guidance. Revenue is expected to reach 337.7 billion yen (up 6.3% year-on-year), upgraded from the previous forecast of 331.8 billion yen. Operating profit is projected to jump 71.3% year-on-year to 100.3 billion yen, compared to the earlier estimate of 88.6 billion yen. Net profit is now seen at 79.6 billion yen, marking a 2.5-fold increase from the previous year and beating the prior forecast of 72.2 billion yen. The robust figures were warmly received by market participants.
Top-line growth was driven by interest income on operating loans surpassing internal plans, augmented by favorable foreign exchange impacts from the weaker yen. The substantial profit beat was further supported by lower-than-planned bad debt-related expenses, a reduction in interest repayment costs, and efficient control of other operating expenses. Reflecting this strong performance, Acom raised its year-end dividend forecast from 10 yen to 12 yen per share, bringing the full-year payout to 22 yen per share, a significant increase from the 14 yen distributed in the previous fiscal year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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