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Airtrip surges to daily limit after upward earnings revision and share buyback announcement

Mon May 18, 2026 9:35 am JST Catalyst

Airtrip Corp. <6191> shares surged to their daily limit of 769 yen, continuing a sharp rise after the company upwardly revised its earnings forecast for the fiscal year ending September 2026 and announced a share buyback program following the market close on May 15. The company plans to buy back up to 2.5 million shares (10.98% of total issued shares excluding treasury stock) worth up to 1.74 billion yen.

For the fiscal year ending September 2026, the company maintained its revenue forecast at 34 billion yen, up 20.9% year-on-year, while raising its operating profit forecast to 1.5 billion yen from 1 billion yen, down 48.4% year-on-year. The company cited strong performance across various business segments alongside the Airtrip travel business, despite a slowdown in growth within the travel segment itself. The repurchase period runs from May 18 to September 30 through market purchases, including off-exchange trading (ToSTNeT-3) on the Tokyo Stock Exchange.

In its first-half results announced concurrently for the period ended March 2026, revenue rose 35.5% year-on-year to 17.74 billion yen, and operating profit grew 63.2% to 2.51 billion yen. The results were supported by the expansion of its business portfolio through five M&A and capital or business alliances.

Source: MINKABU PRESS

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

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