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OKUMURA CORPORATION turns positive in afternoon session on upward revision of fiscal March 2026 results driven by civil engineering growth

Mon May 11, 2026 1:05 pm JST Catalyst

OKUMURA CORPORATION <1833> turned positive in afternoon trade. Around noon, the company upwardly revised its consolidated results for the fiscal year ended March 2026. Sales are now expected to reach 307.2 billion yen (up 3.0% year-on-year), compared to a previous estimate of 302.5 billion yen. Operating profit was raised to 15.92 billion yen (up 63.6%) from 15.2 billion yen, while net profit climbed to 18.36 billion yen?a 6.7-fold increase?from the earlier 13.6 billion yen forecast. The upward revision was attributed to stronger-than-expected civil engineering sales, coupled with foreign exchange and derivative valuation gains. In line with the improved performance, OKUMURA hiked its year-end dividend forecast to 187 yen from 154 yen. This brings the full-year dividend to 297 yen, up significantly from 216 yen in the prior year.

Source: MINKABU PRESS

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

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