NSD raised its current-year revenue, ordinary profit and year-end dividend forecasts on the back of expanding orders for financial IT services. It also announced the cancellation of treasury shares, with a change in the holding ratio expected.
NSD raised its earnings and dividend forecasts for the fiscal year ending March 2027. Revenue was raised by ¥2.0 billion from the previous forecast to ¥128.0 billion, while ordinary profit was raised by ¥700 million to ¥20.4 billion. The year-end dividend forecast is expected to be raised by ¥4 to ¥100, and the share price attracted buying.
The company's core business is systems development in the financial IT sector. Increased orders for core system upgrades, expansion of existing projects and strong sales of security products supported the upward revision to its earnings forecasts.
The company also disclosed that it will cancel 3 million treasury shares on 16 October, with the treasury share ratio expected to be approximately 9.3% after the cancellation.