kabutan

SYSMEX falls for first time in 3 days as major domestic brokerage downgrades rating to '2' on China policy risks

Mon Mar 30, 2026 2:06 pm JST Catalyst

SYSMEX CORPORATION <6869> fell for the first time in three days. SMBC Nikko Securities downgraded the company's investment rating on the 27th from the highest level of "1" to the middle level of "2" on its three-tier scale. The target price was revised from \2,200 to \1,400. The brokerage lowered its earnings forecast, reflecting third-quarter results, recent Chinese government policy risks (testing optimization, restrictions on tertiary hospital investment, and Chinese government overseas support), sales outlook for the hemostasis field in the U.S., China, and Europe, as well as market momentum and competitive risks in the Asia-Pacific region. The consolidated operating profit forecast for the fiscal year ending March 2026 was revised downward from \77.0 billion to \61.0 billion, and for the fiscal year ending March 2027 from \85.0 billion to \67.0 billion.

Source: MINKABU PRESS

Related Articles