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HIKARI BUSINESS FORM surges past 1,000 yen mark on buy-heavy opening, Q1 operating profit jumps with over 60% progress rate
HIKARI BUSINESS FORM CO., LTD. <3948> opened with large buy orders preventing initial trades from executing, and the indicative price showed a sharp reversal, breaking past the 1,000 yen level. The company manufactures and sells information paper for computers and other uses, while also focusing on high-margin data output services. In recent years, performance has been challenged by the trend toward paperless operations, but recent results show clear signs of recovery driven by capturing corporate outsourcing demand and rationalization efforts.
The company's financial results for the first quarter (January-March) of fiscal year ending December 2026, announced after trading on the 12th, showed operating profit of 189 million yen, a sharp turnaround from the loss of 51 million yen in the same period last year. With the first quarter already achieving 63% of the full-year forecast, expectations for upward revision have emerged, strongly stimulating the stock price.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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