Carrit HD<4275> continued to rise significantly, sandwiched by unchanged from the previous day. At Tokai Tokyo Securities, the investment decision is "outperform", and the coverage has started with a target stock price of 1900 yen. Emphasizing the allocation of facilities investment to growth areas such as defense space, battery testing, and electronic materials from existing fields, it seems that there are expectations for profit growth in the short term, such as the recovery of electronic materials, and in the medium term, the increase in the number of defense space-related businesses and electric vehicles leading to an increase in battery testing. Considering the profit growth, it is undervalued in terms of PER level.