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Achilles Corporation plunges in afternoon trading to new yearly low on 26% operating profit decline forecast and 10 yen dividend cut

Tue May 12, 2026 2:58 pm JST Catalyst

Achilles Corporation <5142> plunged in afternoon trading, hitting a new yearly low. At 2:00 p.m. today, the company released its consolidated results for the fiscal year ended March 2026 and issued its forecast for the year ending March 2027. Achilles projects sales of 82.5 billion yen, up 0.9% year-on-year, but expects operating profit to drop 26.0% to 2.2 billion yen. A planned dividend cut to 30 yen, down 10 yen from the previous year, triggered the sell-off. The guidance does not factor in potential risks from heightened tensions in the Middle East. While revenue is expected to grow on the back of the medical and electronics segments, the profit outlook reflects aggressive investment in business infrastructure. For the fiscal year ended March 2026, Achilles reported sales of 81.82 billion yen, up 3.4% year-on-year, and an operating profit of 2.97 billion yen, compared with a loss of 436 million yen in the prior year.

Source: MINKABU PRESS

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

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