Room for shareholder returns (^o^)♪

$Sumitomo Forestry (1911.JP)$

During the Q&A session of the Q1 earnings briefing, there were comments about revising the full-year outlook in light of the Middle East situation, and that acquisition costs could not be covered by the counterparty's profits. So, isn't a downward revision within expectations? (^o^)

The worsening US housing market has been pointed out, but it's not always good times, so there's no point in debating it (；^ω^). If we expense everything at once this term and refinancing settles down, a surge in profits is certain (^o^)♪

By the way, Masao is convinced that this company still has more than enough room for shareholder returns, and with the stock price currently weak, now is nothing but a chance (^o^)♪ The fact that they hold a massive 400 billion yen in investment securities also gives me high expectations (^o^)♪ Do they really need to hold that much? (；^ω^)

14K Views