Tokyu Construction Revises Earnings Forecast Amid Improved Profitability

The latest update is out from Tokyu Construction Co., Ltd. ( (JP:1720) ).

Tokyu Construction Co., Ltd. has revised its earnings forecast for the fiscal year ending March 31, 2025, reflecting a decrease in net sales but an increase in profits. The company attributes these changes to improved profitability in overseas projects and reduced foreign exchange losses, despite delays in domestic construction orders. The revised forecast shows an increase in operating and ordinary profits, with a notable rise in profit attributable to owners of the parent. The dividend forecast remains unchanged, maintaining a focus on a dividend on equity ratio of 4.0% or more.

More about Tokyu Construction Co., Ltd.

Tokyu Construction Co., Ltd. operates in the construction industry, providing building and civil engineering services. The company focuses on both domestic and international markets, with a particular emphasis on improving profitability in overseas civil engineering projects.

YTD Price Performance: 13.04%

Average Trading Volume: 354,319

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen83.33B

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