Tokaiseiko <3577.T> surged. At one point, it rose by 110 yen to 1051 yen, significantly updating the previous year's high of 1001 yen from January 24. On the afternoon of the 5th at 2:10 PM, the consolidated financial estimates for the fiscal year ending March 2025 were revised upward, which was positively received.
For the fiscal year ending March 2025, revenue was raised from 14 billion yen to 14.3 billion yen (an increase of 8.2% compared to the previous period), and operating profit was increased from 270 million yen to 400 million yen (a growth of 9.5 times). The overseas dyeing and processing business has seen a solid trend in orders due to the conclusion of a long-term inventory adjustment phase and the resumption of product production. Additionally, the increase in the yen's conversion amount due to the yen's depreciation and various measures such as productivity improvement and cost reduction activities contributed as well.
The financial results for the cumulative third quarter of the fiscal year ending March 2025 (from April to December 2024) showed revenue of 10.435 billion yen (an increase of 5.5% compared to the same period last year) and a profit of 263 million yen, reversing from a loss of 34 million yen in the same period last year.
As of 2:51 PM, the stock price was up 55 yen from the previous day, standing at 996 yen.
Provided by Wealth Advisor Company.