Central Glass raised its full-year earnings forecast for the fiscal year ending March 2027, revising operating profit to ¥16.0 billion and revenue to ¥171.0 billion. The stock gained momentum in afternoon trading and updated its all-time high.
Central Glass gained momentum in afternoon trading, with its share price temporarily updating its all-time high. At around 13:00 today, the company revised its consolidated full-year earnings forecast for the fiscal year ending March 2027.
The operating profit forecast was raised from ¥11.0 billion to ¥16.0 billion, with operating profit now expected to increase approximately 59.5% year on year.
The revenue forecast was also raised from ¥167.5 billion to ¥171.0 billion, maintaining the outlook for higher revenue over the period.
The company expects sales of energy materials and performance chemicals to remain firm in the second half, with overall demand trends expected to support earnings.