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SECOM surges on announcement of 100 billion yen share buyback
SECOM <9735> rebounded sharply for the first time in three sessions, surging approximately 13% to the 6,300 yen level during morning trading on May 13. As the dominant leader in Japan's security industry with annual revenue exceeding 1 trillion yen, SECOM continues to see steady growth in its core security business, bolstered by successful price hikes in system security services.
Following the market close on May 12, the company reported that operating profit for the fiscal year ended March 2026 rose 11% year-on-year to 160,333 million yen, a record high. For the fiscal year ending March 2027, SECOM projects operating profit will climb a further 3% to 165,500 million yen, maintaining its peak earnings trajectory. Investor sentiment was significantly lifted by the company's aggressive shareholder return policy, which includes a planned annual dividend of 120 yen?up 20 yen from the prior year?and a record 100 billion yen share buyback program.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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