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Fudo Tetra surges on upward revision of March 2026 earnings forecast driven by improved ground improvement margins
FUDO TETRA CORPORATION <1813> surged sharply on 21st. Around 11:00 a.m., the company announced that its consolidated financial results for the fiscal year ending March 2026, which are currently being finalized, are expected to exceed its previous guidance. Revenue is now projected at 81.5 billion yen (up 17.2% year-on-year) versus a prior estimate of 80 billion yen. Operating profit is forecast at 5.8 billion yen (up 82.6% year-on-year) compared to 4.9 billion yen, while net profit is seen reaching 4.3 billion yen (up 95.3% year-on-year) against an earlier target of 3.45 billion yen. The announcement was well received by the market.
Top-line growth exceeded expectations due to steady progress in civil engineering and ground improvement projects. Furthermore, improved profit margins in the ground improvement business, bolstered by the acquisition of additional change orders, contributed to the upward revision. In line with the upgraded earnings outlook, the company raised its year-end dividend forecast from 90 yen to 115 yen per share, a significant increase from the 60 yen distributed in the previous fiscal year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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