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Milbon surges nearly 10% after raising full-year guidance and announcing share buyback
Hair-care and hair-color maker Milbon released its second-quarter results for the fiscal year ending December 2026 on the 10th, along with an upward revision to its full-year earnings forecast and a share buyback plan. On the 12th, its stock price surged 9.84% from the previous business day to 3,215 yen. First-half consolidated revenue rose 8.3% year-on-year to 26.878 billion yen, while operating profit jumped 72.7% to 3.347 billion yen. Overseas revenue grew 24.7% to 7.884 billion yen, driving overall performance, and the overseas operating profit margin improved sharply from 4.7% to 15.0%. The full-year forecast was raised to revenue of 55.6 billion yen and operating profit of 6.55 billion yen. The company also resolved to buy back up to 900,000 shares for a total of up to 1.8 billion yen.