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Kajima ranks 5th in rising bearish forecasts among individual investors - Minkabu survey
KAJIMA CORPORATION <1812> ranked 5th in rising bearish forecasts as of noon on June 1 in the Retail Investor Forecasts (Latest 48 Hours) compiled by Minkabu.
KAJIMA fell for the first time in three sessions on the Tokyo Stock Exchange's Prime Market on June 1. The company's consolidated operating profit for the fiscal year ending March 2027 is forecast to drop 16.9% year-on-year to 200 billion yen, reversing from the record high hit in the previous year. Headwinds include rising material costs from the conflict in Iran and slowing demand for housing and real estate construction amid higher interest rates. The stock has languished since touching an all-time high of 8,040 yen in February, as it attempts to find a floor.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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