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ALINCO continues to rise on share buyback of up to 1.1 million shares and forecast for double-digit ordinary income growth in FY March 2027
ALINCO INCORPORATED <5933> continues to rise. The company announced after the close of trading on the 1st that it will implement a share buyback program with an upper limit of 1.1 million shares (5.51% of issued shares excluding treasury stock) or 1 billion yen, which has been well received. The acquisition period is from May 7 to April 27 next year, with the purpose of executing further profit returns to shareholders and flexible capital policies through improved capital efficiency.
At the same time, the company's consolidated earnings forecast for the fiscal year ending March 2027 is also viewed positively, projecting sales of 65.2 billion yen (up 4.1% year-on-year) and ordinary income of 3.2 billion yen (up 15.2% year-on-year), representing double-digit growth in ordinary income, with an annual dividend forecast of 45 yen, up 1 yen from the previous year. The company will benefit from the steady trend in public investment against the backdrop of social demands for national resilience, and the continued upward trend in construction investment is expected to continue. In addition, planned price revisions in response to rising raw material prices and an increased proportion of high value-added products will also boost profits.
For the fiscal year ended March 2026, sales were 62.632 billion yen (up 1.7% from the previous year) and ordinary income was 2.777 billion yen (up 3.7% from the previous year).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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