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STELLA CHEMIFA shares rise as domestic research firm raises target price to 6,050 yen
STELLA CHEMIFA CORPORATION <4109> shares traded higher after Tokai Tokyo Intelligence Laboratory raised its price target to 6,050 yen from 4,800 yen on the 15th. The firm maintained its "Outperform" rating.
Stella Chemifa is a fluorine-based fine chemical manufacturer. Its mainstay high-purity chemical business serves the semiconductor sector, which continues to benefit from advancing miniaturization, while the company also holds multiple growth products including Boron-10 for nuclear power plants. The firm expects solid performance in semiconductor and electronic materials to offset weaker earnings in nuclear-related materials.
The company forecasts consolidated operating profit of 4.45 billion yen for the fiscal year ending March 2026 and 4.65 billion yen for the fiscal year ending March 2027. While semiconductor-related sales are expected to grow in fiscal 2026 despite lower revenues in the energy business, both semiconductor and energy segments are projected to expand in fiscal 2027.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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