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PORT INC. extends gains for fourth day, breaks out of consolidation range on announcement of full-scale entry into grid-scale battery storage business

Mon Apr 20, 2026 9:13 am JST Catalyst

PORT INC. <7047> extended its gains for a fourth consecutive day, breaking above the 2,450 yen level, which had been viewed as a key resistance point in the recent recovery, signaling a breakout from its consolidation range. The company operates job information websites and also engages in transaction support business in the energy sector. Against this backdrop, the company announced after trading on the 17th that it had resolved to enter the grid-scale battery storage business in earnest, a development that has attracted investor interest as fresh catalyst for the stock. The company expects the business to turn profitable in its first year in the fiscal year ending March 2026, and to contribute to full-year profits in the fiscal year ending March 2027 as well, with expectations of medium-term earnings growth driving buying interest.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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