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竹内製作---大幅続伸、収益予想上方修正や自社株買いの発表で

Takeuchi Manufacturing---Significant increase, upward revision of earnings forecast, and announcement of share buyback.

Fisco Japan ·  Oct 11 09:42

Takeuchi Manufacturing Co., Ltd. <6432> sharply rose. The company announced its first-half financial results the previous day, with an operating profit of 24.9 billion yen, a 46.5% increase from the same period last year. The full-year financial estimates have been revised upwards from the previous 38.5 billion yen to 44.5 billion yen, a 26.1% increase from the previous year. Although there is a downward revision in revenue due to the slowdown in mini shovel sales, the decrease in maritime freight rates and the yen depreciation effect are pushing up earnings. While opinions on the financial evaluation vary, the company has announced a share buyback of up to 2 million shares, totaling 7 billion yen, representing 4.2% of the issued shares, in its first large-scale share buyback move, signaling an improvement in capital policy.

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