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ミスミG---大幅反発、上半期上振れ着地で通期予想を上方修正

MISUMI Group - Significant rebound, exceeding expectations in the first half and raising the full-year financial estimates.

Fisco Japan ·  Oct 28, 2024 12:57

Misumi G <9962> rebelled drastically. Financial results for the first half of the year were announced last weekend, and operating profit was 23.4 billion yen, an increase of 26.3% from the same period last year, which is above the previous plan of 20.2 billion yen. Also, the full-year forecast was revised upward from the previous 46 billion yen to 49.1 billion yen, an increase of 28.0% from the previous fiscal year. Strong performance in the Chinese market, such as large-scale telecommunications projects, and the effects of yen depreciation are seen as factors in the improvement in business performance. The upside for the first half of the year has been revised upward, but the movement that positively grasps the announcement of the upward correction while uncertainty about the future of the Chinese market has not been overcome prevails.

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