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JADE GROUP shares plunge on disappointing earnings forecast for fiscal year ending February 2027

Thu May 28, 2026 1:58 pm JST Catalyst

Shares of JADE GROUP,Inc. <3558> plummeted to hit their daily limit down at 1,685 yen. After the close of trading on May 27, the company announced its consolidated earnings forecast for the fiscal year ending February 2027, which had been left undecided at the time of its full-year earnings announcement on April 14. The company projects sales of 25 billion yen (up 28.6% year-on-year), operating profit of 2.5 billion yen (up 4.0%), and ordinary profit of 2.6 billion yen (up 1.5%). However, disappointment selling emerged as expectations had been high for a stronger earnings boost from the previous fiscal year's M&A activity.

Source: MINKABU PRESS

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

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