As of 2:00 p.m. on May 19, Quants Research Institute Holdings, Inc. <9552> ranked first in "rising buy predictions" on the "Retail Investor Predictions (Latest 48 Hours)" dashboard compiled by Minkabu.

After the close on May 15, the company announced a share buyback program of up to 4.3 million shares (7.95% of issued shares excluding treasury stock) or 3.8 billion yen. The acquisition period runs from May 18 to May 17 next year, aiming to enhance shareholder returns and improve capital efficiency.

In response, Quants Research shares were untraded on May 18 due to a glut of buy orders, closing at its daily limit-up of 716 yen. The stock extended its sharp surge on May 19, driving the increase in buy predictions.

On May 15, the company also revised its consolidated earnings forecast for the fiscal year ending September 2026, raising its sales forecast to 22.292 billion yen from 22.184 billion yen (up 34.3% year-on-year), while lowering its operating profit forecast to 5.778 billion yen from 5.993 billion yen (up 20.9%) and its net profit forecast to 3.405 billion yen from 3.533 billion yen (up 23.9%). The company raised its sales forecast considering the sales performance in its operating lease business, while downgrading its operating and net profit forecasts due to depreciation expenses on aircraft holdings. For the interim period through March, the company reported sales of 10.296 billion yen (up 34.4% year-on-year), operating profit of 3.023 billion yen (up 26.6%), and net profit of 1.905 billion yen (up 27.9%).

Source: MINKABU PRESS

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