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K'S HOLDINGS shares surge on 14% operating profit growth guidance and 2 yen dividend hike for year ending March 2027
K'S HOLDINGS CORPORATION <8282> surged to a year-to-date high in afternoon trading. During mid-day trade, the company announced its consolidated earnings guidance for the fiscal year ending March 2027. The positive market reaction was fueled by an operating profit outlook of 30.5 billion yen, up 13.8% year-on-year, and a planned annual dividend of 48 yen, up 2 yen from the previous year.
Revenue is projected to rise 3.3% to 785 billion yen. The company anticipates a rush in demand for air conditioners ahead of stricter energy efficiency standards slated for April 2027. K'S HOLDINGS also plans to rein in costs through enhanced in-store energy-saving measures and targeted digital promotions.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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