Kanadevia's share price fell sharply for the third consecutive day. According to reports, the company revised down its operating income forecast for the fiscal year ending March 2027 after factoring in the risk of delays to some construction projects.
Amid market attention, Kanadevia's share price fell sharply from the previous day, marking its third consecutive decline. A summary of the market news posted on Kabutan's website suggested that the recent earnings outlook may also have been affected in tandem with the share price decline.
The article identified the risk of delays to some construction projects as a factor that could affect the near-term earnings outlook. It did not specify the projects or regions involved, or quantify the extent of the delays or their impact, but the market appears to have shared concerns that the delays could impair business performance.
Against the backdrop of factoring in this delay risk, the article reported that Kanadevia revised down its operating income forecast for the fiscal year ending March 2026. The timing of the revision and specific figures for the new outlook were not provided in the article, and further disclosure in future announcements is awaited.