Nippon Express Holdings, Inc.9147
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Raises full-year net profit forecast to 70 billion yen, above market expectations.
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Nippon Express Holdings, Inc.Nippon Express Holdings has raised its consolidated net profit forecast for the fiscal year ending December 2026 to 70 billion yen, up from the previous estimate of 60 billion yen. The company expects a recovery in cargo movements in international logistics, mainly from Asia, and steady performance in domestic logistics, while also factoring in gains from the sale of low-profitability real estate. The average consolidated net profit forecast for the current fiscal year among 10 analysts compiled by IBES was 59.5 billion yen, meaning the revised company outlook exceeds market expectations. The annual dividend forecast was kept unchanged at 100 yen.
Nippon Express Holdings, Inc.Raises full-year net profit forecast to 70 billion yen, above market expectations.