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H-ONE surges with gap up on record high operating profit forecast and low PBR attracting investors
H-ONE CO.,LTD. <5989> surged to a new year-to-date high after gapping up at the open. The company, a major supplier of body frame parts to HONDA MOTOR CO., LTD. <7267>, announced its results for the fiscal year ended March 2026 after the market close on the 14th. While revenue fell short of projections, operating, ordinary, and net profits all surpassed expectations. For the fiscal year ending March 2027, H-ONE projects a record operating profit of 16 billion yen, up 9.2% year-on-year. The company also plans to raise its annual dividend by 6 yen to 70 yen. With HONDA MOTOR targeting higher four-wheel vehicle sales in North America?its primary profit engine?suppliers are expected to see improved margins. The stock attracted strong buying interest due to the earnings beat, the consecutive record-high profit outlook, the dividend hike, and a price-to-book ratio (PBR) that remains attractive in the 0.5x range.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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