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Minkabu individual investor forecasts show SHINTO Holdings rises to second in bullish predictions
SHINTO Holdings <2776> ranked second in the "rising bullish sentiment" category as of 10:00 a.m. on Friday, according to Minkabu’s aggregation of retail investor forecasts over the past 48 hours.
Market interest in SHINTO Holdings, which operates a plastic recycling business, has been bolstered by the government's "Circular Economy Action Plan" released on April 21. The plan targets approximately 1 trillion yen in public-private investment by 2030 to enhance facilities and technology for recycling plastics and other materials.
The surge in bullish outlooks is also tied to the company's fiscal 2027 earnings guidance. SHINTO Holdings projects consolidated operating profit to reach 784 million yen, a 32.2% increase year-on-year. While strengthening its core recycled resources business, the company is diversifying into emerging sectors, including the domestic sale and leasing of GPU equipment and AI data center management.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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