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Nabtesco Corporation <6268> shares weak despite upward revision to fiscal 2026 earnings forecast seen as insufficient

Fri May 1, 2026 11:19 am JST Catalyst

Nabtesco Corporation <6268> traded weakly. After the close of trading on April 30th, the company revised its full-year earnings forecast in conjunction with the announcement of its consolidated financial results for the first quarter (January-March) of fiscal year ending December 2026. The company raised its net profit forecast for the current fiscal year by 1 billion yen from the previous outlook to 18.6 billion yen (up 18.5% year-on-year). However, the revised profit level appears to have been perceived as insufficient, with selling pressure dominating.

Equity-method investment income exceeded expectations, and revisions to income taxes resulted in pre-tax profit and net profit projected to exceed initial estimates. The company left its revenue and operating profit forecasts unchanged. For the January-March quarter, revenue was 83.032 billion yen (up 16.9% year-on-year), and net profit was 5.483 billion yen, up 67.0% year-on-year.

Source: MINKABU PRESS

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

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