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Avex Inc. ( (JP:7860) ) has shared an announcement.
Avex Inc. has revised its consolidated earnings forecast for the fiscal year ending March 31, 2026, keeping operating profit unchanged at 3.0 billion yen but sharply raising profit attributable to owners of parent from 1.2 billion yen to 2.8 billion yen, lifting projected earnings per share from 27.52 yen to 65.94 yen. The revision is driven mainly by an expected 1.0 billion yen extraordinary gain from the sale of all shares in its equity-method affiliate SANRIO SOUTHEAST ASIA PTE. LTD., as well as recent business trends, signaling a substantial improvement in bottom-line performance compared with both the previous forecast and the prior year’s results, and underscoring the financial impact of Avex’s portfolio rebalancing and strategic partnership with Sanrio Co., Ltd.
The most recent analyst rating on (JP:7860) stock is a Hold with a Yen1239.00 price target. To see the full list of analyst forecasts on Avex Inc. stock, see the JP:7860 Stock Forecast page.
More about Avex Inc.
Avex Inc., listed on the TSE Prime Market, operates in the entertainment industry, developing and managing music, video, live events and related content businesses, with a strategic focus on partnerships and equity investments that support its broader media and IP portfolio.
Average Trading Volume: 169,893
Technical Sentiment Signal: Hold
Current Market Cap: Yen54.64B
For an in-depth examination of 7860 stock, go to TipRanks’ Overview page.