DYNIC CORPORATION surges to new year-to-date high on double-digit operating profit forecast, dividend increase and share buyback
DYNIC CORPORATION <3551> attracted buying interest and surged to a new year-to-date high. The stock rose more than 20%, forming a large bullish candlestick. On May 15 at 11:00 a.m., the company announced its results for the fiscal year ended March 2026 and disclosed its earnings forecast for the fiscal year ending March 2027. DYNIC projects net sales of 46.3 billion yen for the current fiscal year, up 4.7% year-on-year, and operating profit of 2.7 billion yen, up 17.2%. The company also raised its year-end dividend for the previous fiscal year by 11 yen to 46 yen, and set the annual dividend forecast for the current fiscal year at 46 yen. Furthermore, DYNIC announced a share buyback program with an upper limit of 450,000 shares (5.49% of issued shares) and a maximum acquisition amount of 380 million yen. While net profit is expected to decline due to the reversal of gains from the sale of a Chinese subsidiary, the market responded positively to the business performance and shareholder return policy. DYNIC also disclosed its medium-term management plan, setting targets of 50 billion yen in net sales and 3.4 billion yen in operating profit for the fiscal year ending March 2029. For the current fiscal year, the company expects revenue and operating profit growth in each of its printing information, residential living environment, and packaging material segments.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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