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DAIDOH LIMITED surges on upward revision to March 2026 earnings forecast, breaking away from recent lows

Thu Apr 23, 2026 9:05 am JST Catalyst

DAIDOH LIMITED <3205> has attracted concentrated buying interest, with the indicative price continuing to rise. The mid-tier apparel company operates primarily under its flagship brand "New Yorker." After the close of trading on the 22nd, the company announced an upward revision to its earnings forecast for the fiscal year ending March 2026. Sales are now projected at 32.5 billion yen (up 14% year-on-year), raised from the previous forecast of 32.27 billion yen, while operating profit has been increased to 300 million yen from 10 million yen (compared to a loss of 6.4 billion yen in the previous fiscal year). The company's business recovery is gaining traction, serving as a catalyst for investment momentum. The stock had been confined to low levels even after a sharp decline in early March, which has made the current valuation appear attractive and is drawing buying from short-term traders.

Source: MINKABU PRESS

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

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