Koatsu Kogyo <1743>
Announced a revision of the financial estimates for the September 2024 term. Revenue has been revised upwards from 11.724 billion yen to 12.298 billion yen, and operating profit from 0.31 billion yen to 0.394 billion yen. It is expected to exceed the previous estimate due to the progress rate of profitable construction exceeding expectations, as well as cost reduction through the utilization of in-house equipment and direct labor at each site.
Solasto <6197>
Amidst the continuation of a strong rebound trend, it has clearly broken above the 52-week moving average and is approaching the year-to-date high of 624 yen, which was set on January 5th. The weekly chart shows that it is moving within the range between +1σ and +3σ, with +2σ of the Bollinger Bands in between. There is a possibility of slight overheating, but since the bands have significantly risen, an upward movement in line with this is likely to be considered. With the transition from a long-term correction trend, funds targeting rebounds are likely to be concentrated.