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Nippon Densetsu Kogyo Co., Ltd. ( (JP:1950) ) has provided an update.
Nippon Densetsu Kogyo has sharply revised upward its earnings forecasts for the fiscal year ending March 31, 2026, projecting significantly higher operating and ordinary profit and profit attributable to owners of parent despite slightly lower net sales. The company cites a favorable business environment driven by robust private-sector demand for large redevelopment and data center projects and increased capital spending by railway operators, alongside improved profitability from a stronger focus on high-margin contracts and better pass-through of rising material and labor costs, even as some construction work is delayed. Reflecting these stronger earnings prospects and its policy of targeting a 40% dividend payout ratio, the company has also raised its year-end dividend forecast to ¥115 per share, up ¥23 from the previous plan and well above the prior year’s ¥90, signaling enhanced returns to shareholders.
The most recent analyst rating on (JP:1950) stock is a Hold with a Yen3947.00 price target. To see the full list of analyst forecasts on Nippon Densetsu Kogyo Co., Ltd. stock, see the JP:1950 Stock Forecast page.
More about Nippon Densetsu Kogyo Co., Ltd.
Nippon Densetsu Kogyo Co., Ltd., listed on the TSE Prime Market, operates in the electrical and communication equipment construction industry, with a strong focus on infrastructure projects such as large-scale urban redevelopment around railway stations and data center-related work, as well as capital investment projects for major railway operators including East Japan Railway Company.
Average Trading Volume: 85,793
Technical Sentiment Signal: Buy
Current Market Cap: Yen215.2B
See more insights into 1950 stock on TipRanks’ Stock Analysis page.