The HU Group ＜4544＞ continues to decline drastically. At Morgan Stanley MUFG Securities, investment decisions have been downgraded from “overload” to “equal weight,” and the target stock price has also been lowered from 3100 yen to 2,500 yen. It also seems that earnings forecasts have been revised downward due to the downward trend in COVID-related sales. Earnings for the previous fiscal year declined drastically, so it was determined that even if profit and loss improvements in the LTS business were anticipated this fiscal year, it would not reach previous forecasts. It seems that operating profit for the fiscal year ending 25/3 is expected to be 3.7 billion yen compared to the company plan of 10 billion yen.
HUグループ---大幅続落、米系証券では業績予想を下方修正して投資判断を格下げ
HU Group - Significant decline, with investment rating downgraded by US securities due to downward revision of performance estimates.
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