There was a sharp backlash from SUMCO <3436>. Financial results for the first quarter were announced the day before. Operating profit was 8.7 billion yen, down 66.5% from the same period last year, but market forecasts of around 7 billion yen are improving. The April-6 fiscal year is forecast to be 9 billion yen, which is almost at the level of market consensus. Sales are planned to increase 6% from the previous quarter due to demand bottoming out for 300 millimeter wafers, but it seems that the growth rate of profit compared to the previous quarter is limited due to an increase in labor costs and electricity costs. Movements that positively perceive demand bottom-outs have taken the lead.
SUMCO---大幅反発、4-6月期見通しはコンセンサス並みも実績値は上振れ
SUMCO --- sharp rebound, the outlook for the April-6 fiscal year is on par with consensus, but actual values are up
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