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OHMOTO GUMI gains in afternoon trade on upward FY March 2026 revision as construction progress beats estimates
OHMOTO GUMI CO.,LTD <1793> saw buy orders as the afternoon session opened. Around noon, the company raised its non-consolidated earnings forecasts for the fiscal year ended March 2026. Revenue is now projected at 87.44 billion yen (up 24.8% year-on-year), up from an initial 83.0 billion yen. Operating profit is expected to reach 2.36 billion yen (up 30.1% year-on-year) versus 2.0 billion yen, while net profit was revised to 1.81 billion yen (up 1.2% year-on-year) from 1.4 billion yen. OHMOTO GUMI attributed the upward revision to construction progress exceeding expectations and improved gross profit margins on completed contracts. In line with the outlook, the company hiked its year-end dividend forecast to 50 yen per share from 38 yen, compared to 41 yen in the previous year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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