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YONDENKO shares rise on upward revision to net profit and dividend forecasts for fiscal year ending March 2026

Fri Apr 24, 2026 9:54 am JST Catalyst

YONDENKO CORPORATION <1939> is trading higher. After the close of trading on the 23rd, the company announced an upward revision to its consolidated earnings forecast for the fiscal year ending March 2026, raising its net profit projection from 6.0 billion yen to 7.5 billion yen (up 45.0% year-on-year). The dividend forecast was also increased from 72 yen to 77 yen (compared to 65 yen in the previous fiscal year on a stock-split-adjusted basis). The market is responding positively to this announcement.

The profit increase is largely driven by improved gross profit margin due to the acquisition of additional construction projects, as well as the booking of gains on the sale of securities. Meanwhile, the company revised its revenue forecast downward from 100.0 billion yen to 99.4 billion yen (down 6.1% year-on-year).

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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