Mitachi <3321> rebelled drastically. An upward revision of earnings forecasts was announced last weekend. Operating income for the first half of the year was revised upward from the previous forecast of 0.6 billion yen to 0.9 billion yen, down 3.7% from the same period last year, and from 1.8 billion yen to 1.9 billion yen for the full fiscal year, up 19.4% from the previous fiscal year, respectively. Commercial flow transfers for automobile-related customers that began in the 2nd quarter or later, and strong sales of EMS orders related to consumer life seem to be the background. Since profit declined drastically in the first quarter, down 35.9% from the same period last year, the positive impact intensified.
ミタチ---大幅反発、業績上方修正にポジティブなインパクト強まる
Mitachi --- significantly rebounding, the positive impact of upward revision of performance is strengthening.
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