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TSUGAMI shares extend gains on FY2026 guidance hike as China demand beats forecasts
TSUGAMI CORPORATION <6101> extended gains in afternoon trade. Around 1:00 p.m., the company announced its consolidated results for the fiscal year ended March 2026 beat initial guidance. Sales reached 129.0 billion yen (up 20.1% year-on-year) against a prior forecast of 115.0 billion yen, while operating profit hit 36.0 billion yen (up 54.4%) against 27.0 billion yen. Net profit reached 16.5 billion yen (up 51.4%) against 12.5 billion yen.
Despite broader market uncertainty, the company saw steady growth across all regions, led by a robust performance in China. Alongside the upward revision, TSUGAMI raised its year-end dividend forecast to 49 yen from 36 yen, bringing the full-year dividend to 85 yen, up from 59 yen in the previous year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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