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Premium Group surges past 2,000 yen in afternoon trading on record profit forecast and dividend increase

Mon May 11, 2026 1:36 pm JST Catalyst

PREMIUM GROUP CO.,LTD. <7199> saw its gains accelerate in afternoon trade on May 11, surpassing the 2,000 yen level to set a fresh year-to-date high. Along with its results for the fiscal year ended March 2026, the company projected revenue of 51 billion yen (up 15.8% year-on-year) and net profit of 6.9 billion yen (up 13.7%) for the fiscal year ending March 2027. The outlook for consecutive record-high earnings, alongside a planned dividend hike to 64 yen?up 10 yen from the prior year?propelled the shares higher.

The company aims to drive growth by boosting brand recognition for "Car Premier" and expanding its "Car Premier Club" paid membership network. Additionally, Premium Group unveiled a medium-term business plan targeting revenue of 84 billion yen and net profit of 14 billion yen by the fiscal year ending March 2030. For the fiscal year ended March 2026, revenue rose 21.0% to 44.042 billion yen, while net profit climbed 30.5% to 6.069 billion yen.

Source: MINKABU PRESS

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

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