Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
Harmonic Drive Systems Inc. ranks 4th in rising buy predictions from individual investors on Minkabu
Harmonic Drive Systems <6324> ranked fourth in the "surging buy sentiment" category as of 2:00 p.m. on April 27, according to the "Latest 48 Hours Retail Investor Forecasts" compiled by Minkabu.
Harmonic Drive announced after the market close on April 24 that its consolidated results for the fiscal year ending March 2026, currently being finalized, are expected to beat previous guidance. Revenue is projected at 59.5 billion yen (up 6.9% year-on-year), revised upward from 57.0 billion yen. Operating profit is expected to reach 2.5 billion yen (compared with 60 million yen a year earlier), up from the earlier forecast of 1.5 billion yen. Net profit is projected at 1.58 billion yen (down 54.5% year-on-year), up from 1.3 billion yen. The upward revision was driven by stronger-than-expected sales for robotics and semiconductor manufacturing equipment in Japan and North America, which also enhanced factory utilization rates in those regions.
Following the announcement, Harmonic Drive shares saw heavy buying from the opening. The stock price surged to its daily limit-up of 4,895 yen at one point, fueling the rise in retail buy forecasts.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
Godo Steel plunges in afternoon session to new year-to-date low, plans 34% operating profit decline for March 2027
OBIC rebounds after three-day decline as major domestic securities firm raises target price to 5,600 yen
MITANI SANGYO plunges in afternoon trading on forecast of 11% operating profit decline for fiscal year ending March 2027
Palma surges in afternoon trading on deeper business alliance with Japan Post
TAIHO KOGYO rebounds on forecast for operating profit growth and higher dividend in fiscal year ending March 2027
NAKANISHI MFG shares climb as company raises earnings forecast for fiscal year ending March 2026
Suzuki shares jump as chip-component recovery drives guidance upgrade and dividend boost
861 stocks rise, 650 fall on TSE Prime Market as of 2 p.m.
IPS gains momentum on AI infrastructure and subsea cable expectations
AXELL CORPORATION gains on consortium participation news