Kasumigaseki Capital rose for the 3rd straight session. The company raised its earnings forecast for the fiscal year ending August 2026, citing an expansion in hotel development projects and earlier-than-planned sales. The stock gained as much as ¥630 from the previous day, closing at ¥7,420.
Kasumigaseki Capital rose for the 3rd straight session, reaching ¥7,830 during trading, up ¥630 from the previous day.
After the market closed on the 17th, the company raised its earnings forecast for the fiscal year ending August 2026, increasing its full-year consolidated operating profit forecast from ¥26.5 billion to ¥27.6 billion.
In the hotel business, factors including increased project revenue and earlier-than-planned sales were incorporated into the forecast, reflecting the steady progress of development projects. The stock finished trading at ¥7,420, up ¥220 from the previous day.