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KITAGAWA SEIKI shows signs of short squeeze, operating profit for June 2026 term may reach 18-year high with further upward revision
KITAGAWA SEIKI CO.,LTD. <6327> extended its sharp supply-demand driven rally on Monday, building on Friday's daily-limit surge of 500 yen to the 2,900 yen level. Riding that momentum, the stock cleared the 3,000 yen milestone in morning trading, at one point extending gains over 13% to 3,300 yen.
The company holds strong global competitiveness in its core business of manufacturing and selling vacuum press machines for printed circuit boards. Amid a boom in AI data center construction, it is capturing robust demand for server-mounted AI semiconductors, fueling clear profit expansion. For the fiscal year ending June 2026, the company projects an operating profit of 810 million yen, up 30% year-on-year, though the market views this guidance as conservative given strong third-quarter progress. Some analysts expect profit to top 900 million yen, marking its first record high in 18 years since June 2008. Furthermore, accumulated short positions via foreign brokerages, including Goldman Sachs, have created conditions ripe for a short squeeze.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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