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Nippon Shikizai shares jump on forecast for more than doubling of operating profit as cosmetics demand recovers
Nippon Shikizai, Inc. <4920> shares extended their rally to hit a fresh year-to-date high. Following the close of trading on the 13th, the firm issued its consolidated earnings guidance for the fiscal year ending February 2027. A projected 2.2-fold jump in operating profit to 394 million yen fueled buying interest among investors.
Sales are forecast to rise 10.3% year-on-year to 18.361 billion yen. Nippon Shikizai expects a rebound in cosmetics demand and aims to bolster the bottom line by raising factory utilization rates alongside an increase in orders, while simultaneously cutting costs.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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