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An announcement from Kumagai Gumi Co ( (JP:1861) ) is now available.
Kumagai Gumi has decided to sell 4,777,600 shares of Sumitomo Forestry, booking an expected ¥4.0 billion gain on sale of investment securities as extraordinary income to improve asset efficiency and reinforce its financial position. The sale prompts an upward revision of the full-year profit forecast for the fiscal year ending March 31, 2026, with profit attributable to owners of the parent now expected to reach ¥18.5 billion on a consolidated basis and ¥17.2 billion on a non-consolidated basis, significantly lifting projected earnings per share after a recent stock split. In line with its policy of targeting a roughly 40% payout ratio under its mid-term plan, the company has also raised its year-end dividend forecast from ¥20 to ¥25 per share, signaling stronger shareholder returns on the back of the improved earnings outlook driven mainly by the extraordinary gain.
The most recent analyst rating on (JP:1861) stock is a Buy with a Yen1752.00 price target. To see the full list of analyst forecasts on Kumagai Gumi Co stock, see the JP:1861 Stock Forecast page.
More about Kumagai Gumi Co
Kumagai Gumi Co., Ltd. is a Japan-based general contractor listed on the Tokyo Stock Exchange Prime Market, engaged mainly in construction contracts. The company focuses on building and civil engineering projects and manages its capital structure and shareholder returns as part of a broader strategy to strengthen its financial base and improve asset efficiency.
Average Trading Volume: 708,023
Technical Sentiment Signal: Buy
Current Market Cap: Yen281.2B
For an in-depth examination of 1861 stock, go to TipRanks’ Overview page.