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TYO:4684

4 stories mentioning TYO:4684Updated just now

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Asia

Jefferies Adjusts Obic's Price Target to 4,240 Yen from 4,600 Yen, Keeps at Hold

Obic (TYO:4684) has an average rating of overweight and mean price target of 5,295 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

TYO:4684
Research

CLSA Upgrades OBIC to Buy from Accumulate; Price Target is 6,200 Yen

OBIC (TYO:4684) has an average rating of overweight and mean price target of 5,242.31 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

TYO:4684
Asia

Obic to Buy Back, Cancel Up to 50 Billion Yen Shares

OBIC (TYO:4684) said it will repurchase up to 50 billion yen of shares and cancel part of its treasury stock to improve capital efficiency, according to a Tuesday filing on the Tokyo Stock Exchange.The buyback will cover up to 10 million shares, or 2.3% of outstanding stock, through market purchases between April 22 and March 31, 2027.The company also plans to cancel 16 million shares, equivalent to 3.2% of shares outstanding, in two phases ending March 2027.

TYO:4684
Asia

OBIC's Full-Year Profit Climbs 16%

OBIC's (TYO:4684) profit attributable to owners of the parent climbed 16% to 75.2 billion yen for the fiscal year ended March 31 from 64.6 billion yen a year earlier.The enterprise resource planning services firm's basic earnings per share increased to 171.61 yen from 146.90 yen a year ago, according to a Tokyo bourse filing on Tuesday.Net sales rose nearly 12% to 135.2 billion yen from 121.2 billion yen in the prior year.OBIC declared a final dividend of 47 yen per share, payable from June 26.For the fiscal year ending March 31, 2027, the company expects attributable profit of 82 billion yen, basic EPS of 189.23 yen, and net sales of 148.7 billion yen.OBIC plans to pay interim and year-end dividends of 47 yen per share each for the current year, which is higher than the amount paid in the year-ago period.

TYO:4684

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