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KITAC CORPORATION attracts buying as first-half operating profit rises 20%, exceeding 90% of full-year forecast

Mon Jun 1, 2026 9:27 am JST Catalyst

KITAC CORPORATION <4707> attracted buying, breaking cleanly above its 75-day moving average. Buoyed by the government's national resilience policy, the Niigata-based mid-sized construction consultant has captured growing business opportunities, driving solid earnings. In its first-half results for the fiscal year ending October 2026, disclosed after the market close on May 29, operating profit rose 20% year-on-year to 232 million yen. For the February-April second quarter alone, operating profit jumped 55% from a year earlier, triggering buying. For the full year, KITAC forecasts an operating profit of 254 million yen, up 74% from the prior year, with the first-half result already reaching 91% of the full-year target.

Source: MINKABU PRESS

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

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