Home
Market News
Breaking stock market headlines
Earnings Flash
Breaking coverage of earnings reports, forecasts & dividend updates
Trends
Market movers, trading patterns & key market indicators
Disclosures
Official filings & reports from listed Japanese companies
Explorer
Stock lists filtered by fundamental & technical metrics
SM ENTERTAINMENT JAPAN tops Minkabu's retail investor 'buy forecast' ranking
SM ENTERTAINMENT JAPAN Co.,Ltd. <4772> topped the "rising buy forecasts" ranking compiled by Minkabu, based on retail investor sentiment over the last 48 hours as of 11:00 a.m. on May 7.
The company released its consolidated financial results for the first quarter (January-March) of the fiscal year ending December 2026 during market hours on May 1. Revenue jumped 47.0% year-on-year to 3.2 billion yen, while net income surged 6.3-fold to 262 million yen. In the entertainment business, major concerts by leading artists drove significant growth in both revenue and profit. With net income outstripping its full-year target, SM ENTERTAINMENT's stock hit its daily upward limit on that day, fueling the rise in buy forecasts. However, following the extended holiday period, shares tumbled on May 7 due to profit-taking.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
Tokyo stocks surge in morning session, hitting new intraday high above 62,900 on AI and semiconductor rally
Actively traded stocks on the 7th (morning session) - DMG MORI, Plus Alpha Consulting, Nxera Pharma
Key morning headlines for the 7th
Sakai Moving Service rebounds after three-day decline as April sales rise for 10th consecutive month
Yushiro rises sharply on launch of AI-powered die-casting productivity project with University of Tokyo startup
Tokyo Stock Exchange Prime Market sees 1,276 gainers, 263 decliners as of 11:00 a.m.
KOMERI extends gains on second consecutive monthly same-store sales increase in April
Shanghai Composite Index opens at 4,168.4467 on the 7th, up 8.2730 points
ULVAC surges as report says it will produce rare-earth magnet manufacturing equipment domestically
INPEX and Japan Petroleum Exploration decline as WTI crude plunges on expectations of US-Iran conflict resolution