FUJITA KANKO INC. shares surged after the company raised its consolidated earnings forecast for the fiscal year ending December 2026. The new forecast calls for revenue of ¥84.0 billion and operating profit of ¥13.2 billion, while the second-half forecast remains unchanged from the previous forecast.
FUJITA KANKO INC. raised its consolidated earnings forecast for the fiscal year ending December 2026 after the market close on the 6th. The company raised its revenue forecast to ¥84.0 billion, up 2.4% year on year, and its operating profit forecast to ¥13.2 billion, down 4.3% year on year, sending the stock sharply higher. Although renovations temporarily took rooms out of service, revenue increased as the company offered higher-value-added products, attracted inbound visitors mainly from Europe, the United States and Australia, and set prices in line with supply and demand.
For the cumulative second quarter, covering January-June, revenue was ¥40.755 billion, up 2.0% year on year, while operating profit was ¥6.270 billion, down 8.8%. The company left its forecasts for second-half revenue and profit unchanged, incorporating the upside in the first half into its full-year forecasts.
The stock closed at ¥2,235, up ¥263 from the previous day, and the market response was favorable. The source is Wealth Advisor.