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DAIKIN INDUSTRIES ranks third in rising sell predictions among individual investors on Minkabu
Daikin Industries <6367> ranked third in retail investor sell predictions as of 11:00 a.m. on May 13, according to Minkabu’s latest 48-hour sentiment data.
Daikin shares traded higher in Tokyo after the company reported solid results for the fiscal year ended March 2026 following the previous day's close. Driven by strong demand in Japan and the U.S., the air conditioning giant achieved its fifth consecutive year of operating profit growth, setting a new record high. The company also issued a guidance for continued growth in the fiscal year ending March 2027.
The rally was further fueled by recent news of an overseas activist investor building a stake, which sparked speculative interest. While the strong earnings have pushed the stock near year-to-date highs, the rapid pace of the ascent has led some market participants to flag overheating concerns, prompting the rise in sell predictions.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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1,042 stocks advance, 474 decline on Tokyo Stock Exchange Prime Market as of 11 a.m.