AXELL raised its earnings forecast for the fiscal year ending March 2027, with the sales outlook for graphics LSIs for pachinko machines exceeding expectations. SoftBank is showing signs of moving into a rebound phase after recovering its 25-day moving average.
AXELL raised its earnings forecast for the fiscal year ending March 2027. It raised its operating profit forecast from the previous ¥1.20 billion to ¥2.29 billion after reviewing its order status and customer demand trends.
Sales of graphics LSIs for pachinko and pachislot machines are expected to reach approximately 350,000 units, exceeding the initial plan of 310,000 units.
SoftBank's share price has shown signs of recovery after correcting to its 25-day moving average since the end of September, with movements suggesting a rebound phase.
The above developments are based on information provided by Fisco.