Suruga stock falls 1.98 percent as profit forecast rises

Published on 10/07/2026 at 05:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Suruga stock was last at JPY 2,965 on October 7, 2026, while its annual dividend forecast rose to JPY 80. Fiscal 2027 ordinary income is now forecast at JPY 56.0 billion.

Suruga, JP3166800007, Illustration mit AI erstellt.

Suruga (ISIN JP3166800007) was last at JPY 2,965 on the Tokyo Stock Exchange on October 7, 2026 at 11:30 a.m. JST, down 1.98 percent from the prior close of JPY 3,025. The latest company disclosure points in the opposite direction: Suruga Bank raised its fiscal 2027 ordinary income forecast and increased its dividend outlook.

Forecast reaches JPY 56.0 billion

According to Futubull on September 30, 2026, Suruga Bank lifted its fiscal 2027 group ordinary income forecast from JPY 47.5 billion to JPY 56.0 billion, a 17.9 percent increase. The change makes the earnings revision the central company figure for Suruga stock, even as the October 7 trading session showed a 1.98 percent decline.

Japan IR reported on September 30, 2026 that the revised consolidated forecast included interim net income of JPY 44.0 billion and interim earnings per share of JPY 262.01 for the fiscal year ending March 2027. The disclosure attributed the improvement to higher core gross profit and lower effective credit costs.

Dividend forecast rises to JPY 80

The same Japan IR disclosure raised the annual dividend forecast to JPY 80 from JPY 60, with interim and year-end payments each set at JPY 40. That is a JPY 20 increase, equivalent to 33.3 percent, and gives the forecast revision a shareholder-return component alongside the earnings upgrade.

The revised figures also sharpen the second-half execution test. The first-half ordinary income forecast moved from JPY 25.0 billion to JPY 34.0 billion, while the full-year revision from JPY 47.5 billion to JPY 56.0 billion implies JPY 22.0 billion for the second half, below the earlier implied JPY 22.5 billion.

Stock stays near yearly high

Suruga stock was last at JPY 2,965 on October 7, 2026, with a session range of JPY 2,962 to JPY 3,020 and volume of 352,900 shares. Its market capitalization was JPY 505.4 billion, while the 52-week range stood at JPY 1,397 to JPY 3,045.

The last price was 2.63 percent below the 52-week high, leaving the market valuation close to its yearly peak while investors weigh the higher earnings and dividend forecasts against the projected second-half profit profile.