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DAIHATSU INFINEARTH MFG.CO.,LTD surges on upward revision to record-high ordinary profit for March 2026
DAIHATSU INFINEARTH MFG.CO.,LTD <6023> surged sharply. After the close of trading on the 24th last week, the company announced that its consolidated ordinary profit for the fiscal year ending March 2026 is expected to reach 7,900,000,000 yen (up 3.9% year-on-year), revised upward from the previous forecast of 6,400,000,000 yen. The announcement attracted buying interest as the company shifted from an expected decline to an increase in ordinary profit, reaching a record high. Higher-than-expected demand for maintenance-related services and foreign exchange effects contributed to the upward revision. Revenue is now projected at 88,000,000,000 yen (down 0.9% year-on-year), revised from 85,000,000,000 yen. The year-end dividend forecast was increased by 7 yen to 69 yen (compared to 62 yen in the previous fiscal year). DAIHATSU DIESEL MFG is scheduled to announce its earnings results on May 8.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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