KOKUSAI <6525> fell significantly for the first time in four days. They held their first IR Day since going public the day before. An update was made on their market outlook and medium-term goals, with WFE aiming for over 120 billion dollars (formerly 110-120 billion dollars) and revenue of 330 billion yen (formerly 300-330 billion yen) in the next 3-4 years. The surprise was limited and the expectation was already high, resulting in a predominant sense of exhaustion. However, it appears that CLSA Securities has downgraded their investment rating from "underperform" to "cell".
KOKUSAI---4日ぶり大幅反落、前日にIR Dayを開催
Kokusai fell significantly after 4 days, holding an IR Day on the previous day.
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