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ノーリツ鋼機---ストップ高買い気配、第1四半期大幅増益で業績予想を大幅上方修正

Noritz Steel --- stop high buying sentiment and drastically revise earnings forecasts due to a sharp increase in profit in the first quarter

Fisco Japan ·  May 13 10:34


There is a sign that Noritsu Koki <7744> is buying at a high stop price. Financial results for the first quarter were announced last weekend, and operating profit was 7.64 billion yen, 3.8 times the same period last year, and the first half of the year forecast was revised upward from the previous 5.7 billion yen to 9.1 billion yen, up 23.6% from the previous year, from 13.4 billion yen to 16 billion yen, and 10.6% increase from the previous fiscal year, respectively. The background of the upward revisions was business progress for the first quarter and the review of expected exchange rates. Expectations of a further increase remain from the high progress rate, and there is also awareness of the expansion of room for dividends due to the increase in earnings.

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