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ENOMOTO hits 26-year high on institutional buying amid technical strength
ENOMOTO <6928> surged on institutional buying amid thin selling pressure, breaking its year-to-date high set in late February with consecutive gains. The stock rose to its highest level since September 2000. While major semiconductor stocks weakened on profit-taking, capital continued to flow into small- and mid-cap names. ENOMOTO, which manufactures power semiconductor lead frames and electronic circuit connectors, has drawn institutional focus for its advanced precision pressing and resin molding technologies. Operating profit for the fiscal year ended March 2026 is expected to have increased 2.6-fold year-on-year, signaling an accelerating recovery. The company’s commitment to shareholder returns through dividend hikes and steady accumulation by asset manager fundnote have further fueled expectations of future gains.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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