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DAIKO TSUSAN surges in sharp rebound after 7-day decline, raises full-year earnings forecast and year-end dividend
DAIKO TSUSAN CO.,LTD. <7673> rebounded sharply for the first time in seven sessions. After the market close on Monday, May 18, the company raised its standalone earnings guidance for the fiscal year ending May 2026. It now forecasts revenue of 21.9 billion yen (up 0.8% year-on-year), up from its previous estimate of 21.26 billion yen, and operating profit of 1.227 billion yen (up 4.8% year-on-year), up from 1.202 billion yen. Simultaneously, the year-end dividend forecast was lifted by 4 yen to 67 yen, compared with 60 yen in the previous fiscal year, sparking investor buying. The upgrade was driven by securing contracts for large-scale emergency communication systems, disaster-prevention radio networks, and outdoor communication infrastructure projects.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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