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AXYZ surges for third consecutive day on upward revision of full-year earnings forecast amid stronger-than-expected domestic chicken market
AXYZ Co., Ltd <1381> rebounded after an early decline and surged for the third consecutive day. After the close of trading on April 30th, the company announced its consolidated earnings results for the third quarter cumulative period (July 2025 to March 2026) of the fiscal year ending June 2026, along with an upward revision to its full-year earnings forecast. The revenue forecast was raised from the previous estimate of 28.7 billion yen to 28.8 billion yen (up 9.0% year-on-year), and the operating profit forecast was increased from 2.7 billion yen to 3.4 billion yen (up 60.3% year-on-year), attracting buying interest on positive sentiment toward the company's business performance. The domestic chicken market price exceeded the previous forecast, while fattening costs came in below the previous estimate. For the third quarter cumulative period, revenue was 21.827 billion yen (up 11.8% year-on-year) and operating profit was 2.895 billion yen (2.2 times the previous year).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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