岡野バルブ製造's share price fell sharply. Although it raised its operating profit forecast for the fiscal year ending September 2026 from the previous ¥1.95 billion to ¥2.6 billion, selling prevailed on a sense that the positive news had already been fully reflected in the share price. The annual dividend is expected to increase from ¥80 to ¥110.
岡野バルブ製造 fell sharply. Although it raised its operating profit forecast for the fiscal year ending September 2026 from the previous ¥1.95 billion to ¥2.6 billion, selling pressure intensified amid concerns that the market had become overheated. The dividend forecast will be revised upward from the previous ¥80 to ¥110.
The background included additional orders for periodic inspection work at Shimane Nuclear Power Station Unit 2, along with Fukushima Daiichi decommissioning-related work and the acceleration of projects related to Kashiwazaki-Kariwa Nuclear Power Station Unit 7, which were viewed as contributing factors.
Operating profit for the cumulative third quarter was ¥2.61 billion, and the full-year upward revision was viewed as being within market expectations. The dividend increase was announced against this backdrop, but selling continued to lead in the share price.