Fuilcon <5942>
Announced revision of the financial estimates for the fiscal year ending November 2024. Revenue is revised upward from 27.5 billion yen to 28.8 billion yen, while operating profit is adjusted from 0.6 billion yen to 0.8 billion yen. This is due to solid demand in the industrial functional filter and conveyor business, as well as the electronic components and photomask business, leading to strong sales. As for net income, it is expected to record impairment losses as special losses amid active equipment investment for profitability recovery in the etching processing product field of the electronic components and photomask business, keeping the forecast at the same level as the previous announcement.
Milaitone <1417>
Amid the rebound trend with the 25-day line as the resistance level, it was bought up to 2175.5 yen at one point yesterday, marking a new high for the year since August 29th. Excluding the sharp drop on August 5th, the long-term trend continues to be generally upward, with the 12-month line as the support level. Although it is a long-term target, there is a possibility that the gradually conscious of the September 2021 high of 2403 yen.