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KYOWA ELECTRONIC INSTRUMENTS hits daily limit high on buy orders following English-language social media post, similar to TSUBAKI NAKASHIMA
Shares of KYOWA ELECTRONIC INSTRUMENTS CO.,LTD. <6853> remained locked at their daily limit-up of 1,012 yen on a glut of buy orders. The company is a major manufacturer of strain gauges, which are sensors that measure structural strain, with its products widely used in automotive crash testing and infrastructure such as railways, dams, and tunnels. For the first quarter (January-March) of the fiscal year ending December 2026, the company reported on May 7 that consolidated sales rose 3.2% year-on-year to 4.65 billion yen, while operating profit fell 10.7% to 633 million yen, surpassing its first-half target of 620 million yen. The stock, which hovered around 755 yen at the end of April, had been under upward pressure before buying intensified the previous day after "Vaelis," an overseas English-language social media account that catalyzed a sharp rally in TSUBAKI NAKASHIMA CO.,LTD. <6464>, made a new post about KYOWA ELECTRONIC INSTRUMENTS. Similar to the case of TSUBAKI NAKASHIMA, the post mentioned a connection to humanoid robots, drawing intense investor attention.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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