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Jins Holdings hits daily limit as second-half outlook remains steady
Jins Holdings Inc. <3046> hit its daily limit, reaching a fresh year-to-date high. Following the market close on April 10, the company reported consolidated financial results for the first half of the fiscal year ending August 2026. Weak sales in certain domestic eyewear lines missed targets, causing revenue and profits to fall short of initial projections. While Jins Holdings revised its full-year outlook downward in response, it kept its original second-half guidance intact. The updated full-year revenue is forecast at 110.392 billion yen, up 13.6% year-on-year, with operating profit projected at 12.772 billion yen, up 5.6%. The stock saw heavy buying as investors welcomed the update, viewing the downward revision as less severe than feared.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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