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DAIICHI JITSUGYO surges in late afternoon trading as FY March 2026 ordinary profit lands higher, reversing to year-on-year increase
DAIICHI JITSUGYO CO., LTD. <8059> surged in late afternoon trading. Around 3:00 p.m. today, the company announced that its consolidated ordinary profit for the fiscal year ending March 2026 appears to have landed at 14.3 billion yen (up 5.2% year-on-year), revised upward from the previous forecast of 13.5 billion yen. The result represents a reversal from the anticipated decline to an increase, achieving a record high ordinary profit, attracting buying interest. Earnings exceeded expectations across multiple business segments, including the Energy Solutions business and the Aviation & Infrastructure business. Meanwhile, net sales came in at 219 billion yen (down 1.2% year-on-year), down from the previous forecast of 225 billion yen. The company raised its year-end dividend forecast by 3 yen to 74 yen, bringing the full-year dividend forecast to 125 yen (compared to 92 yen in the previous fiscal year). DAIICHI JITSUGYO is scheduled to announce its earnings results on May 12.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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