Following declines in US stocks around the Tokyo market holiday, multiple companies in the Japanese market disclosed earnings results or revised forecasts this morning. Square Enix Holdings, Duskin and other stocks attracted attention.
Against a backdrop of turmoil in US equity markets, a succession of companies listed in Tokyo released first-quarter results. Square Enix Holdings reported an 88.6% year-on-year increase in first-quarter operating profit, while VT Holdings announced that it would conduct a share buyback up to the maximum limit.
Milbon raised its second-quarter earnings forecast and announced a share buyback of approximately 3% of shares outstanding. Duskin also raised its earnings forecast for the fiscal year ending March 2027, while simultaneously revising its dividend forecast upward and announcing a share buyback. CKD, Minato Holdings and Seiko Giken also showed signs of upward revisions.
Meanwhile, GMS Group's first-quarter operating result swung to a loss of 0.葛? billion yen, while Sanrio's profit growth was limited to 11.1%. Happinet reported lower profit, and Shinagawa Refractories reported a sharp decline in first-quarter profit. Tsubaki Nakashima is expected to see slower profit growth in the first half, suggesting a weak performance.
Among stocks listed on the TSE Standard market, Sun Electronics swung to a loss on a first-quarter basis, while SK-Electronics revised down its earnings forecast for the fiscal year ending June. Overall, individual stocks may become more active in response to market catalysts.