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Featured stock: KITAGAWA SEIKI accelerates growth on AI data center demand, eyeing record highs
KITAGAWA SEIKI CO.,LTD. <6327> appears poised for upside as it consolidates near the \2,000 level. The company specializes in manufacturing and selling vacuum press machines for printed circuit boards, boasting exceptional global product competitiveness. Against the backdrop of a global construction rush for AI data centers (AIDC), the company is capturing robust demand for AI servers, with business performance progressing extremely well. For the fiscal year ending June 2026, the company forecasts operating profit of \810 million, up 30% year-on-year, but there is speculation that this could be significantly raised to around \1 billion. Furthermore, double-digit profit growth appears highly likely for the fiscal year ending June 2027.
The stock price hit an all-time high of \2,160 on the 15th of last week, and is expected to soon surpass this level as a waypoint to further gains. The prominence of weekly bullish candlesticks suggests continued buying by institutional investors. Meanwhile, margin buying positions have decreased from their peak, indicating a favorable supply-demand balance. Considering the market capitalization of less than \20 billion, a near-term rise to the mid-\2,000 range would not seem out of place. (Katsura)
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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