Daito Chemix surges to 4-year, 8-month high on semiconductor photoresist material supply speculation
Shares of Daito Chemix Corporation <4366> surged significantly, extending their winning streak to a fifth consecutive session. The stock climbed up to 12% to 504 yen, surpassing its previous year-to-date high of 495 yen set on February 18 to hit its highest level since September 2021, marking a four-year and eight-month high.
Against the backdrop of the global AI boom, investor appetite for semiconductor-related stocks supporting the infrastructure has intensified. Buying interest has broadened beyond major memory and manufacturing equipment makers to small- and mid-cap names handling peripheral materials, spurring a wave of valuation reappraisals. Among them, Daito Chemix, a manufacturer of photosensitive materials, has drawn renewed buying interest. In addition to developing proprietary products, the company has a proven track record of supplying photosensitive materials for photoresists to global manufacturers, including its major shareholder, TOKYO OHKA KOGYO CO., LTD. <4186>. Daito Chemix projects a 32% increase in operating profit for the fiscal year ending March 2027, with the stock's price around the 500 yen level further attracting investment capital.
Source: MINKABU PRESS
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