Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
Airtrip surges to daily limit after upward earnings revision and share buyback announcement
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.
Related Articles
Kioxia hits daily limit high on strong Q1 earnings forecast
Recruit Holdings extends sharp gains on plan for 25% profit increase driven by HR technology growth in Europe and the U.S.
VRAIN Solution surges on focus on high-profit AI solution business model
LIFEDRINK COMPANY surges on plan for 22% operating profit increase in FY March 2027 with three new production lines
TERUMO CORPORATION surges with gap up on forecast of consecutive record profits for fiscal March 2027
Headwaters continues sharp rise after raising FY Dec 2026 earnings forecast on BBD Initiative merger synergies
IBJ surges to new year-to-date high on 57% operating profit jump in Q1 driven by ZWEI membership spike
HEPHAIST surges for third day on operating profit forecast and dividend resumption
Hatena continues to rise as Houbunsha adopts GigaViewer for Web
Mitsubishi UFJ Financial Group rises on 11% net profit forecast for fiscal March 2027 and 10 yen dividend increase