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JINS HOLDINGS ranks 4th in rising bearish forecasts among retail investors: Minkabu survey
JINS HOLDINGS INC. <3046> ranked 4th in "rising bearish forecasts" as of noon on April 21, according to the "Retail Investor Forecasts (Latest 48 Hours)" compiled by Minkabu.
JINS HOLDINGS continued its decline on the Tokyo Stock Exchange Prime Market on April 21. Following the market close on April 10, the company announced its second-quarter earnings and revised down its full-year guidance for the fiscal year ending August 2026. It lowered its consolidated net profit forecast from 8.82 billion yen to 8.623 billion yen (up 3.5% year-on-year), citing lower-than-expected sales in its domestic eyewear business. While improving domestic sales trends and expanding overseas margins have fueled market expectations for growth in the next fiscal year, sentiment remains mixed. Although the stock initially rose to 6,830 yen on April 20 as investors looked past the revision, caution is now emerging over elevated price levels.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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