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Quants Research Institute Holdings hits daily limit high on share buyback announcement
Quants Research Institute Holdings, Inc. <9552> shares hit their daily limit high of 716 yen with unexecuted buy orders after the company announced following the market close on May 15 a share buyback program of up to 4.3 million shares (7.95% of outstanding shares) worth up to 3.8 billion yen. The acquisition period will run from May 18 to May 17 next year, aimed at enhancing shareholder returns and capital efficiency.
Concurrently, the company revised its consolidated earnings forecast for the fiscal year ending September 2026. While it raised its sales forecast to 22.29 billion yen (up 34.3% year-on-year) from 22.18 billion yen, it lowered its operating profit guidance to 5.78 billion yen (up 20.9%) from 5.99 billion yen and net profit outlook to 3.41 billion yen (up 23.9%) from 3.53 billion yen. The sales upgrade reflects strong performance in its operating lease business, while the profit downgrades stem from depreciation expenses related to aircraft holdings.
In its first-half results ended March 2026 announced simultaneously, sales rose 34.4% year-on-year to 10.30 billion yen, operating profit grew 26.6% to 3.02 billion yen, and net profit increased 27.9% to 1.91 billion yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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