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ORIENTAL CHAIN MFG. gains in afternoon session after announcing mid-term management plan

Tue May 19, 2026 2:31 pm JST Catalyst

ORIENTAL CHAIN MFG. CO., LTD. <6380> rose in afternoon trading after announcing its mid-term management plan at 2:00 p.m. on May 19. The plan targets sales of 4.52 billion yen for the fiscal year ending March 2029 (compared with a forecast of 4.17 billion yen for the fiscal year ending March 2027), operating profit of 408 million yen (compared with 270 million yen), and net profit of 272 million yen (compared with 101 million yen), which acted as a positive catalyst. The company will focus on quality to strengthen competitiveness while working to improve productivity. It will also explore capital and business alliances with external partners. ORIENTAL CHAIN MFG also aims to capture niche markets and expand sales channels in its metal injection molding business.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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