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Nippon Electric Glass ranks 4th in rising sell predictions from individual investors on Minkabu
Nippon Electric Glass <5214> ranked fourth in "rising sell predictions" as of noon on May 1 in the Retail Investor Predictions survey by Minkabu.
Shares of Nippon Electric Glass fell sharply on the Tokyo Stock Exchange Prime Market, marking their third consecutive day of decline. The company announced after the market close on April 30 that consolidated operating profit for the January-March quarter fell 17.9% year-on-year to 6.48 billion yen. The drop was attributed to rising costs from capital investments in its display and medical businesses. For the full year ending December 2026, the company forecasts operating profit of 33 billion yen, down 3.3% from the previous year, with investor concerns mounting over the potential impact of a stronger yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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