Sumitomo Bakelite's ordinary profit forecast consensus rose 5.6% week on week to ¥52,800 million. The forecast for year-on-year profit growth was also raised from 28.6% to 35.9%.
Sumitomo Bakelite's ordinary profit forecast consensus rose 5.6% from the previous week's ¥49,987 million to ¥52,800 million.
The forecast for profit growth versus the previous year's actual results was revised upward from 28.6% to 35.9%, indicating that the outlook for earnings in the current fiscal year remains firm.
Meanwhile, the rating consensus was unchanged at 5.0, and reports indicated that there had been no significant change in the current valuation.