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Fundely surges over 26% on strengths as low-priced stock, clear earnings recovery and enhanced shareholder benefits attract buying
Fundely Co., Ltd. <3137> shares were bid-only at significantly higher prices, surging more than 26% to approach the 290 yen level. The stock drew concentrated Retail Investor interest, gaining the momentum characteristic of low-priced issues.
Fundely, which operates a healthy frozen meal delivery service, is seeing a clear earnings recovery. In its forecast for the fiscal year ending March 2027, released after the close on April 30, the company projects sales of 3.03 billion yen, up 15% year-on-year, and an operating profit of 187 million yen, a 43% increase. Alongside the results, Fundely announced an enhancement to its shareholder benefit program, increasing the value of meal coupons to a range of 5,000-20,000 yen from 3,000-15,000 yen. The announcement sparked a surge in the stock price.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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