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Nissha surges on upward revision to forecast 3.2x net profit growth
Nissha <7915> surged after raising its consolidated earnings forecast for the fiscal year ending December 2026 following the market close on May 12. The company revised its revenue target to 198 billion yen (up 1.6% year-on-year) from 191.5 billion yen, while net profit is now expected to reach 3.2 billion yen?roughly 3.2 times the prior-year level?up from an earlier projection of 2.3 billion yen. The upward revision reflects stronger-than-expected product demand and the impact of a weaker yen. Foreign exchange gains are also expected to bolster the bottom line, fueling strong buying interest.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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