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KASAI KOGYO gains ground in late trade as FY March 2026 profit beats guidance on North America margin recovery

Fri May 8, 2026 3:18 pm JST Catalyst

KASAI KOGYO CO.,LTD. <7256> extended gains in late afternoon trade. Around the market close, the company upgraded its consolidated earnings guidance for the fiscal year ended March 2026. Operating profit is now seen at 6.3 billion yen, up from a previous forecast of 4 billion yen, swinging from a 289 million yen loss the prior year. Net profit was revised upward to 4 billion yen from 1 billion yen, rebounding from a 9.182 billion yen loss a year earlier. The upbeat outlook drew a fresh wave of buying.

While revenue missed initial projections, falling 11.3% year-on-year to 194 billion yen from a previous estimate of 200 billion yen, improved profitability in North America and the impact of fixed cost cuts in Japan drove the robust profit growth.

Source: MINKABU PRESS

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

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