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JIG-SAW surges on buy orders, breaking away from bottom after 64% operating profit increase in Q1
JIG-SAW INC. <3914> opened higher on buy orders, quickly rebounding from its recent floor. The company, which provides automated server monitoring and IoT solutions powered by proprietary software, has seen strong momentum fueled by new contract wins.
JIG-SAW announced its first-quarter results for the fiscal year through December 2026 after the market close on May 7. Revenue grew 17% year-on-year to 1,038 million yen, crossing the 1 billion yen quarterly milestone for the first time. Operating profit surged 64% to 240 million yen. The results drew investors betting on further upside. Although the stock remains near long-term lows, a sharp rally to around 4,300 yen last October has attracted momentum traders.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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