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Sanyo Engineering & Construction shares jump after operating profit outlook raised, dividend increased by 25 yen
Sanyo Engineering & Construction <1960> rebounded sharply. Following the market close on the 27th, the company reported consolidated revenue of 61.08 billion yen for the fiscal year ended March 2026, down 10.0% year-on-year but 1.08 billion yen above its previous estimate. Operating profit reached 3.01 billion yen, up 42.0% and beating its forecast by 1.01 billion yen, while net profit rose 58.2% to 2.77 billion yen, exceeding the target by 766 million yen. Operating profit achieved a year-on-year increase despite an initial forecast for a decline. The company also hiked its year-end dividend forecast by 25 yen to 65 yen, fueling buying interest. The performance was driven by efficient process management and cost controls.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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