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TOLI Corporation expands gains on upward revision to fiscal 2026 net profit forecast
TOLI Corporation <7971> expanded its gains. Around 2:00 p.m., the company announced that its consolidated net profit for the fiscal year ending March 2026, which is still being finalized, is expected to come in at 4.4 billion yen (up 25.5% year-on-year), exceeding the previous forecast of 4.0 billion yen. This was viewed as positive news. The upward revision was driven by strong sales volumes, particularly in vinyl flooring and wall covering materials, as well as improvements in non-operating income and expenses.
In line with the upward earnings revision, the company raised its year-end dividend forecast from 22 yen to 24 yen. The annual dividend forecast now stands at 34 yen (compared to 21 yen in the previous fiscal year).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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