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Tokyo Energy & Systems shows clear upward momentum after raising FY03/26 operating profit forecast by 76% and announcing significant dividend increase
TOKYO ENERGY & SYSTEMS INC. <1945> accelerated its upward movement, breaking above its 25-day moving average with a gap and clearly shifting to a rebound phase. The company announced a revision to its earnings forecast for the fiscal year ending March 2026 after the close of trading on the 23rd, raising its sales forecast from the previous 82.0 billion yen to 83.0 billion yen (up 23% year-on-year) and operating profit from 3.9 billion yen to 4.7 billion yen (up 76% year-on-year). The company's focus on profitability-oriented order activities has been reflected in improved profit margins. Furthermore, against the backdrop of strong earnings performance, the company also strengthened its shareholder return policy, announcing an increase in the annual dividend by 6 yen from the previous plan to 63 yen. This represents a substantial increase of 11 yen from the previous fiscal year. The stock price has attracted buying interest in response to this earnings announcement.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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