Japan Stock of the Day | Kabutaro & Friends

On October 7, 2026, the most talked-about Japanese stock online was Kasumigaseki Capital <3498>.
Background: The company, which develops real estate such as logistics facilities and hotels and runs a fund business, announced its results for the fiscal year ended August 2026 on October 5. Operating profit rose 47.2% to 27.9 billion yen, with 19.7 billion yen earned in the June-August quarter alone, 2.1 times the year-earlier level. It had also announced an upward revision to its earnings forecast and a dividend increase on September 17. It expects operating profit to grow 47.1% to 41.0 billion yen in the fiscal year ending August 2027, but because that was in line with market expectations, the stock fell sharply on profit-taking on October 6, closing at 7,080 yen. On October 7 it rebounded, rising as high as 7,900 yen and closing up 700 yen (+9.89%) at 7,780 yen, the top gainer on the Tokyo Stock Exchange Prime Market. Turnover swelled to about 15.1 billion yen, and its market capitalization is 191.5 billion yen.