Mitsui High-tec surges as second upward revision welcomed — Flash

Mitsui High-tec surged. After the close on the 9th, the company revised upward its earnings forecast for the fiscal year ending January 2027, sending the share price up ¥115 from the previous day to ¥1,014.

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The story

Mitsui High-tec, the world's largest automotive motor-core manufacturer, surged, hitting ¥1,014 in the 10 a.m. hour, up ¥115 from the previous day.

The company was reported to have revised upward its consolidated earnings forecast for the fiscal year ending January 2027 after the close on the 9th, which was viewed as a buying catalyst.

Disclosure is limited because further details in the full article are available only to members, but the key points of the upward revision have drawn market attention.

At a glance

Share priceHit ¥1,014, up ¥115 from the previous day

Date of upward revisionAfter the close on the 9th, the earnings forecast for the fiscal year ending January 2027 was revised upward

RevisionConsolidated operating profit forecast raised

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