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Mitsubishi Heavy Industries tops list of rising sell predictions among retail investors: Minkabu survey
Mitsubishi Heavy Industries <7011> topped the list of "rising sell predictions" as of midday on the 17th in the "Retail Investor Predictions (Latest 48 Hours)" compiled by Minkabu.
Mitsubishi Heavy shares declined on the Tokyo Stock Exchange Prime Market on the 17th. A leading defense-related pick, the stock hit a record high of 5,208 yen on March 2 and has since consolidated near those levels. The company is positioned across high-growth sectors including defense, aerospace, and energy, where it maintains a strong track record in gas turbines. Mitsubishi Heavy is expected to exceed its earnings guidance for the fiscal year ending March 2026, with record profits projected for the fiscal year ending March 2027. However, growing optimism regarding potential US-Iran peace negotiations appears to have triggered profit-taking across the defense sector.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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