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BELLUNA surges in afternoon session as operating profit for fiscal year ending March 2026 exceeds guidance on increased inbound demand
BELLUNA CO.,LTD. <9997> surged in afternoon trading. Around 2:20 p.m. today, the company announced that its consolidated results for the fiscal year ending March 2026 are expected to reach sales of 218.0 billion yen (up 3.4% year-on-year) versus the previous forecast of 214.6 billion yen, and operating profit of 16.4 billion yen (up 38.0% year-on-year) versus the previous forecast of 13.5 billion yen, attracting positive buying. In the property business, sales from the domestic hotel business expanded against the backdrop of increased domestic travel and inbound demand, while the sale of real estate for sale generated a gain of 1.042 billion yen. Efforts to operate the apparel and general merchandise business with an emphasis on profitability also contributed, resulting in sales and profits exceeding the previous projections. The annual dividend forecast was raised by 8 yen from the previous outlook to 38 yen. The company is scheduled to announce its earnings on May 13.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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