IRISO ELECTRONICS <6908> continues to grow drastically. Financial results for the 2nd quarter were announced the day before, and operating income for the July-9 fiscal year was 1.93 billion yen, down 17.8% from the same period last year, exceeding market expectations by about 0.8 billion yen. Meanwhile, the full-year forecast has been revised downward from the previous 7 billion yen to 4.3 billion yen, down 27.6% from the previous fiscal year, but the downturn seems to be an expected line. Also, it was announced that 2 million shares, which is 8.9% of the number of issued shares, will be implemented with an upper limit of 6 billion yen. The previous stock buyback just ended in September, and the impact seems to be strong.
イリソ電子---大幅続伸、業績下方修正も織り込み済みで自社株買い評価が優勢に
Iriso Electric Co., Ltd. - Sharp increase, performance downward revision already priced in with a dominant assessment of share buyback
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.