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GreenEnergy & Company ranks 5th in rising sell predictions from individual investors
As of 2:00 p.m. on May 12, GreenEnergy & Company Inc. <1436> ranked fifth in "rising sell predictions" according to the Minkabu "Retail Investor Predictions (Latest 48 Hours)."
After the market close on May 7, the company announced that its consolidated results for the fiscal year ended April 2026 outperformed initial forecasts. Revenue is expected to reach 18.4 billion yen (up 58.4% year-on-year) against a previous forecast of 17 billion yen, with operating profit at 1,150 million yen (2.1 times) against 800 million yen, and net profit at 500 million yen (up 81.8%) against 440 million yen.
The upward revision was driven by the grid-scale battery storage business, a key growth driver that exceeded plans. The conclusion and delivery of grid-scale battery projects progressed better than expected, and operational revenues from newly launched facilities in Hiroshima and Kirishima also contributed to the results. Furthermore, optimized borrowing efforts resulted in lower-than-anticipated financial costs.
In response, GreenEnergy&Co shares surged to their daily limit on May 8 and again on Monday, May 11. On May 12, the stock climbed to 2,120 yen in early trading, up 332 yen (18.6%), but subsequently slipped into negative territory. Concerns over high valuations appear to have triggered profit-taking, leading to the rise in sell predictions.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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