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KATITAS shares surge on double-digit sales and profit growth forecast for March 2027, dividend increase of 10 yen
KATITAS CO.,LTD. <8919> shares rebounded sharply. Following the May 8 market close, the company projected sales of 177.4 billion yen (up 16.8% year-on-year), operating profit of 21.0 billion yen (up 14.9%), and net profit of 14.0 billion yen (up 12.3%) for the fiscal year ending March 2027. The forecast for double-digit growth in both revenue and profit, alongside a planned 10 yen dividend hike to 90 yen, was well received by the market.
As surging construction costs and stricter environmental regulations drive up new home prices, KATITAS expects robust demand for pre-owned homes due to their relative price competitiveness. The company targets 9,700 unit sales for the year, up 15.8%, with a slight increase in average selling prices.
For the fiscal year ended March 2026, sales totaled 151.851 billion yen (up 17.2% year-on-year) and operating profit reached 18.279 billion yen (up 28.5%). While the company noted potential risks from rising oil prices and supply chain disruptions for housing equipment amid Middle East tensions, it stated the impact on the current fiscal year will be minimal as countermeasures are already in place.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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