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Kajima Corporation Upgrades Financial and Dividend Forecasts for FY2024

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Kajima Corporation Upgrades Financial and Dividend Forecasts for FY2024

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The latest update is out from Kajima ( (JP:1812) ).

Kajima Corporation has revised its financial and dividend forecasts for the fiscal year ending March 31, 2025, citing improved performance in its building construction business and overseas subsidiaries. The company expects consolidated revenues and income to exceed previous forecasts, with net income attributable to owners of the parent projected to increase by ¥4.0 billion, largely due to better-than-expected gains in U.S. property sales and favorable currency exchange rates.

More about Kajima

Kajima Corporation operates within the construction industry, primarily focusing on building construction and engineering services. The company has a significant presence in both domestic and international markets, including subsidiaries involved in property development and management.

YTD Price Performance: -1.61%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $8.69B

For detailed information about 1812 stock, go to TipRanks’ Stock Analysis page.

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