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日精線---大幅反発、業績・配当予想の上方修正を発表

Nisshin Sen---Significant rebound, announces upward revision of performance and dividends financial estimates.

Fisco Japan ·  Sep 30 10:13

Nisshin Steel <5659> has shown a significant rebound. They announced an upward revision of their performance and dividend financial estimates at the end of last week. The operating profit for the first half of the year has been raised from the previous estimate of 2 billion yen to 2.4 billion yen, while for the full year it has been increased from 4 billion yen to 4.9 billion yen, a 38.5% increase compared to the previous period. There continues to be strong demand for ultrafine wires for photovoltaic panel manufacturing, and it appears that there are also expectations for large orders of Naslon filters for carbon fiber applications and high-performance film applications. The annual dividends have also been raised from the prior plan of 46 yen to 56 yen, resulting in an increase of 14 yen compared to the previous period.

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