tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tokyo Tekko Cuts Full-Year Earnings Forecast Amid Construction Delays and Cost Pressures

Story Highlights
  • Tokyo Tekko lowered its full-year sales and profit forecast as weaker shipment volumes and higher steel scrap prices pressured earnings.
  • Construction sector labor shortages and work-condition changes are delaying projects, but Tokyo Tekko will maintain a year-end dividend of 200 yen per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tokyo Tekko Cuts Full-Year Earnings Forecast Amid Construction Delays and Cost Pressures

Claim 50% Off TipRanks Premium

Tokyo Tekko Co., Ltd. ( (JP:5445) ) just unveiled an announcement.

Tokyo Tekko has revised down its full-year consolidated forecast for the fiscal year ending March 31, 2026, cutting projected net sales from 77.0 billion yen to 73.0 billion yen and trimming profit targets by about 4–5% across operating, ordinary, and net profit compared with its previous outlook. The company cited lower-than-planned shipment volumes, mainly caused by construction delays stemming from labor shortages and changes in working conditions in the construction industry, as well as higher steel scrap prices pressuring margins despite efforts to push high-value-added products and reduce costs; however, it kept its planned year-end dividend unchanged at 200 yen per share, signaling an intention to maintain shareholder returns despite the earnings downgrade.

The most recent analyst rating on (JP:5445) stock is a Hold with a Yen6931.00 price target. To see the full list of analyst forecasts on Tokyo Tekko Co., Ltd. stock, see the JP:5445 Stock Forecast page.

More about Tokyo Tekko Co., Ltd.

Tokyo Tekko Co., Ltd. is a Japanese steel manufacturer listed on the Prime Market of the Tokyo Stock Exchange, operating primarily in products such as reinforcing bars (rebar) for the construction sector, with its performance closely tied to building activity and materials demand.

Average Trading Volume: 58,279

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen57.76B

For an in-depth examination of 5445 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1