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SM ENTERTAINMENT JAPAN tops Minkabu's retail investor 'buy forecast' ranking

Thu May 7, 2026 11:14 am JST Catalyst

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.

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