Following earnings announcements from TSE Prime-listed companies, stocks deemed to have a positive earnings impact rose. MODEC's upward revision to its net profit forecast drew particular attention, and several other gainers were also reported.
This feature provides a timely ranking, in descending order of percentage gain, of stocks on the TSE Prime Market whose prices were considered to have reacted to earnings announcements. It focuses on the performance of stocks that rose following companies' earnings announcements released on 10 November, around the announcement date.
MODEC raised its consolidated net profit forecast for the fiscal year ending December 2026 from the previous forecast of ¥57.9 billion to ¥64.4 billion, increasing the growth rate from 2.6% to 14.2%. This further exceeded its previous forecast for a record-high profit. The company was also reported to have seen its share price react following the earnings announcement as a TSE Prime Market-listed stock.
Among the gainers, Foster Electric rose 32.63%, Nippon Cash Machine 23.06%, Fuji Corporation 20.73%, MODEC 20.58% and Innotech 19.17%. Many other stocks also rose following earnings announcements on 10 November.