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ES-CON JAPAN shares surge for third straight day on forecast for 15% net profit increase in fiscal 2027

Mon Apr 27, 2026 11:30 am JST Catalyst

ES-CON JAPAN Ltd. <8892> shares rose sharply for the third consecutive day. After the close of trading on the 24th last week, the company disclosed its fiscal 2027 full-year earnings forecast alongside the announcement of its consolidated financial results for fiscal 2026. The company projected sales of 145 billion yen (up 5.8% year-on-year) and net profit of 14 billion yen (up 14.8% year-on-year). The year-end dividend forecast was set at 53 yen, an increase of 5 yen, attracting buying interest. The company plans to continue adding higher value through rising sales prices in its residential property sales business and to promote strategic sales to maximize development profits in its real estate development business. For fiscal 2026, sales totaled 137,029 million yen (up 20.6% year-on-year) and net profit was 12,191 million yen (up 8.9% year-on-year).

Source: MINKABU PRESS

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

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