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Kewpie Shares Face Selling Pressure Despite Q1 Operating Profit Rising 35%, Beating Consensus
Kewpie Corporation <2809> faced selling pressure amid mixed market sentiment. After the close of trading on the 9th, the company reported first-quarter results for the fiscal year ending November 2026 (December 2025?February 2026), posting operating profit of \7.81 billion, up 35% year-on-year ? a notably strong performance. The company successfully offset rising raw material costs through strategic price revisions, driving meaningful margin improvement in the quarter, with results coming in above the prior consensus estimate. Net profit, however, declined sharply due to the absence of extraordinary gains from asset disposals that had been recorded in the same period a year earlier. The stock had bottomed near \4,000 on March 30th and entered a recovery phase, but profit-taking emerged the previous day as investors grew conscious of near-term resistance overhead, and today the share price temporarily dipped into the \3,900 range.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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