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Fujikura ranks third in rising buy predictions among retail investors on Minkabu

Thu May 21, 2026 1:01 pm JST Catalyst

Fujikura Ltd. <5803> ranked third in "rising buy predictions" as of noon on May 21, according to the "Retail Investor Predictions (Latest 48 Hours)" compiled by Minkabu.

On the Tokyo Stock Exchange's Prime Market on May 21, Fujikura rebounded sharply for the first time in six sessions. The company released its earnings guidance during afternoon trading on May 14, forecasting a consolidated net profit of 156 billion yen for the fiscal year ending March 2027, down 0.7% year-on-year. Selling pressure triggered by the announcement caused the stock to plunge nearly 50% from its May 14 high of 7,933 yen to a low of 4,156 yen on May 20. On May 19, Fujikura announced a three-year medium-term management plan targeting a consolidated operating profit of 315 billion yen for the fiscal year ending March 2029, compared with a 211 billion yen forecast for the fiscal year ending March 2027. Although the market initially felt the plan fell short of expectations, the steep sell-off has highlighted the stock's valuation, drawing bargain-hunting at lower levels.

Source: MINKABU PRESS

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

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