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Fujikura Ltd. ranks 2nd in rising buy predictions among individual investors on Minkabu

Fri May 22, 2026 1:07 pm JST Catalyst

As of noon on May 22, Fujikura Ltd. <5803> ranked second in "rising buy predictions" according to the "Retail Investor Predictions (Last 48 Hours)" compiled by Minkabu.

Fujikura shares extended sharp gains in the Tokyo market. On May 14, the company projected a 0.7% year-on-year decline in consolidated net profit to 156 billion yen for the fiscal year ending March 2027. Concerns over the downbeat forecast triggered a heavy sell-off, sending the stock down nearly 50% from its May 14 peak of 7,933 yen to a May 20 low of 4,156 yen. On May 19, the company unveiled a three-year medium-term plan targeting a consolidated operating profit of 315 billion yen for the fiscal year ending March 2029, up from the fiscal 2027 projection of 211 billion yen. However, the targets fell short of market expectations.

Nevertheless, the steep drop has since highlighted the stock's valuation, drawing bargain-hunting inflows. Market participants anticipate a potential technical rebound toward 5,400 yen, representing a one-third recovery of its recent losses.

Source: MINKABU PRESS

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

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