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ASTMAX surges on buy orders after posting record high profit with return to profitability for fiscal year ending March 2026

Fri May 1, 2026 9:19 am JST Catalyst

ASTMAX Co., Ltd. <7162> is rising with buy orders continuing. After the close of trading on April 30th, the company announced preliminary results for its consolidated performance for the fiscal year ending March 2026, which had previously been undisclosed. Sales increased 22.2% year-on-year to 25.258 billion yen, and net income turned to a profit of 1.956 billion yen (compared to a loss of 146 million yen in the previous fiscal year). The year-end dividend, which had been undisclosed, will be 8 yen, up 1 yen from the previous fiscal year. The results were well received as the company returned to profitability while also achieving record high earnings. Against the backdrop of soaring crude oil and natural gas prices amid escalating tensions in Iran, electricity prices surged sharply, leading to substantial gains from hedge positions in the power trading-related business, boosting the bottom line.

Source: MINKABU PRESS

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

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