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FJ Next shares turn positive on upward revision to March 2,026 earnings as investment-type condominium sales exceed plan
FJ Next Holdings Co., Ltd. <8935> shares turned positive in afternoon trade on Tuesday. The company announced around 2 p.m. that its consolidated results for the fiscal year ending March 2,026 are expected to exceed previous guidance. Sales are projected at 142.0 billion yen (up 26.3% year-on-year), compared to the earlier forecast of 139.0 billion yen. Operating profit is expected to reach 14.0 billion yen (up 47.6%), while net income is forecast at 9.5 billion yen (up 46.5%).
FJ Next attributed the upward revision primarily to stronger-than-planned sales of investment-type condominiums in its real estate development business. Additionally, the company raised its year-end dividend forecast to 38 yen from 34 yen, bringing the full-year dividend forecast to 66 yen, compared to 54 yen in the prior fiscal year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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