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CHARLE Tops List of Rising Sell Predictions Among Individual Investors on Minkabu
CHARLE CO.,LTD. <9885> ranked first in the "rising sell predictions" category on Minkabu's aggregated "Individual Investor Predictions (Latest 48 Hours)" as of 2:00 p.m. on the 30th.
After the close of trading on the 27th last week, the company revised downward its consolidated earnings forecast for the fiscal year ending March 2026. Sales were lowered from \13.23 billion to \12.88 billion (up 11.5% year-on-year), operating loss was revised from a loss of \710 million to a loss of \1.1 billion (compared to a loss of \961 million in the previous year), and net loss was revised from a loss of \3.13 billion to a loss of \3.56 billion (compared to a loss of \1.012 billion in the previous year). The main factor behind the revision is the voluntary recall of a hair care iron launched this fiscal year in the ladies' innerwear business. In addition to the decline in sales, the company will record significantly reduced gross profit due to inventory disposal and product recall-related losses.
Following the downward revision of its earnings forecast, the company's shares declined on that day, which appears to have led to the rise in sell predictions.
Source: MINKABU PRESS
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