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Sanyo Engineering & Construction ranks fourth in Minkabu retail "buy" sentiment
Sanyo Engineering & Construction Inc. <1960> ranked fourth in "buy" predictions among retail investors on the Minkabu platform as of 10:00 a.m. on April 28.
Sanyo Engineering shares surged in Tokyo trading on April 28, buoyed by the company's upward revision of its full-year earnings and dividend forecasts for the fiscal year ended March 2026. The announcement was made after the market close on April 27.
The company now expects full-year sales of 61.08 billion yen, down 10.0% year-on-year but exceeding its previous 60.0 billion yen estimate. Operating profit is projected at 3.01 billion yen, up 42.0% and significantly higher than the earlier 2.0 billion yen forecast. Sanyo Engineering cited improved cost and process management for the profit boost. Additionally, the year-end dividend was raised to 65 yen from the previously planned 40 yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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