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CHIeru shares surge on upward revision to FY2026 operating profit forecast driven by GIGA School demand
CHIeru Co.,Ltd. <3933> shares rose sharply. Following the market close on April 20, the company announced its consolidated operating profit for the fiscal year ending March 2026 is expected to reach 920 million yen (up 35.9% year-on-year), an upward revision from its previous forecast of 750 million yen. Net profit is projected at 530 million yen (up 25.3% year-on-year), up from its earlier estimate of 490 million yen.
The upgrade was driven by steady progress in capturing demand from the second phase of the GIGA School initiative, which bolstered profitability. Meanwhile, the sales forecast remains unchanged at 10 billion yen (up 45.0% year-on-year) as revenue growth factors were offset by a shift from gross to net revenue recognition for certain transactions.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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