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NS Tool ranks third in Minkabu buy predictions among retail investors
NS Tool Co., Ltd. <6157> ranked third in "rising buy predictions" as of 1:00 p.m. on Tuesday in the Retail Investor Predictions compiled by Minkabu.
NS Tool shares surged over 15%, rapidly extending gains to the mid-900 yen range. The company specializes in ultra-hard small-diameter end mills and is capturing high-level demand for its cutting tools. After trading closed on Monday, the company announced an upward revision to its earnings forecast for the fiscal year ending March 2,026, significantly raising its operating profit forecast to 1.959 billion yen from an earlier estimate of 1.31 billion yen (up 11% year-on-year). The announcement drew investment capital on expectations of further upside. Expanding semiconductor-related demand, driven by the booming AI data center sector, is boosting overall earnings.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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