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TAKUMA surges to new high on profit growth forecast, dividend increase, and share buyback plan
TAKUMA CO., LTD. <6013> surged sharply, reaching a new all-time high. After the market close on the 14th, the company announced its results for the fiscal year ended March 2026 and disclosed its earnings forecast for the fiscal year ending March 2027. TAKUMA projects net sales of 191 billion yen, up 15.3% year-on-year, and net profit of 15.4 billion yen, up 12.1%. The company expects to post record-high profits for the second consecutive year. In addition, the company increased its dividend for the previous fiscal year by 6 yen and forecasted an annual dividend of 108 yen for the current fiscal year, up 15 yen from the previous year. A share buyback program was also announced, attracting strong buying interest.
The company anticipates steady progress in plant construction projects and expects increased demand for maintenance services. For the fiscal year ended March 2026, net sales increased 9.6% year-on-year to 165.62 billion yen, and net profit rose 32.1% to 13.732 billion yen. The share buyback program will be conducted from May 15 to September 7, with an upper limit of 2 million shares (2.75% of issued shares) and a maximum value of 4 billion yen. All acquired shares will be cancelled on October 30.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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