The afternoon-session flash report highlighted developments in earnings and dividends at several companies, including PIGEON CORPORATION's higher target price and 秋田銀行's upward revision to its first-half forecast. コマツ issued a full-year revision, but it fell short of the market forecast, while ダイトーケミックス and ニッポン高度紙工業 indicated higher profit outlooks. 愛知製鋼 announced a downward revision and a dividend cut.
PIGEON CORPORATION was reported to have raised its target price from ¥2,100 to ¥2,150 based on the outlook from Morgan Stanley MUFG Securities, as its medium- to long-term growth was reassessed against the backdrop of a recovery in its share of the Chinese market. Premiumisation in Japan and market-share expansion in China were cited as factors behind higher profit, while the risk of higher raw-material costs was noted as a potential constraint on short-term margins.
秋田銀行 extended its afternoon-session gains and revised its consolidated net profit forecast for the first half of the fiscal year ending March 2027 upward from the previous ¥4.60 billion to ¥5.90 billion. The upward revision reflected an increase in net interest income, while the full-year earnings outlook was left unchanged.
コマツ fell sharply in the afternoon session, but raised its consolidated operating profit forecast for the full fiscal year ending March 2027 from the previous ¥555.0 billion to ¥585.0 billion. The market consensus was ¥605.9 billion. The revision reflected firm demand in the first half and the weaker yen, but the forecast remained below expectations.
ダイトーケミックス surged in the afternoon session and raised its consolidated operating profit forecast for the full fiscal year ending March 2027 from the previous ¥1.15 billion to ¥1.40 billion. Sales are expected to increase on expanding demand for semiconductor and display materials.
ニッポン高度紙工業 jumped in the afternoon session, raising its consolidated operating profit forecast for the full fiscal year ending March 2027 from ¥6.00 billion to ¥7.50 billion and also increasing its interim and year-end dividend forecasts. Rising demand related to AI and higher demand for functional materials contributed to the revision.