松尾電機 surged toward the end of the afternoon session, rising ¥150 from the previous day to ¥1,059. This afternoon, it raised its consolidated earnings forecast for the fiscal year ending March 2027. The new forecasts call for sales of ¥6.8 billion and operating profit of ¥910 million, both expected to increase substantially from the previous fiscal year.
松尾電機's share price surged in the latter part of today's trading, reaching ¥1,059 toward the close, up ¥150 from the previous day. The stock attracted market attention, with buying concentrated during the trading session. The stock's movement and closing price drew the attention of market participants.
This afternoon, the company raised its consolidated earnings forecast for the fiscal year ending March 2027. It raised its sales forecast from ¥6 billion to ¥6.8 billion and its operating profit forecast from ¥800 million to ¥910 million. The upward revision indicates a forecast of substantial growth from the previous fiscal year.
The company explained that, in addition to the effects of price revisions, higher productivity from the promotion of automation is expected to boost profit. The market views the combination of price revisions and productivity gains as a factor driving earnings growth.