Rasa Industries raised its profit and dividend forecasts, but its share price fell after opening higher amid the impact of declining semiconductor stocks, trading at ¥1,378, down ¥87 from the previous day.
Rasa Industries has reportedly raised its profit and dividend forecasts for the current fiscal year. Although specific figures were not provided in the article, the company is said to have upgraded its outlook.
The market initially responded by sending the shares higher following the announcement, but they subsequently moved into negative territory, falling ¥87 from the previous day to ¥1,378.