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Digital Arts opens with sell-heavy orders following downward revision of mid-term plan
Digital Arts <2326> opened with heavy sell orders after slashing its mid-term targets following the market close on May 7. For the fiscal year through March 2027, the company cut its consolidated revenue target to 12 billion yen from 15 billion yen, and its operating profit outlook to 5.4 billion yen from 7.8 billion yen. The downgrade reflects sluggish growth in the enterprise market, sparking a sell-off.
The company also reported results for the fiscal year ended March 2026, with revenue rising 8.5% year-on-year to 10.84 billion yen and operating profit up 5.1% to 4.79 billion yen. Performance was supported by heightened security awareness during the period. However, its forecast for the fiscal year through March 2027 aligns with the lowered mid-term targets. Digital Arts projects an annual dividend of 100 yen, compared to 95 yen the previous year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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