The largest motorcycle buyer, Bike King & Company <3377.T>, reached a high of 564 yen, up 50 yen compared to the previous day. After the market close on the 6th, an upward revision of the financial estimates for the fiscal year ending November 2024 was announced, which was seen as a buying factor.

The full-year consolidated operating profit and loss estimates were raised from a profit of 120 million yen to a profit of 286 million yen (the previous period saw a loss of 166 million yen, standalone). This was attributed to a reduction in advertising expenses, along with the stable fluctuation of auction prices and inventory maintenance.

The company has included its subsidiary, Toyo Motor International, within the consolidated range, thus transitioning to consolidated financial statements from the second quarter (March to May 2024).

Provided by Wealth Advisor Company.