Shares of major plastics processor Kodama Chemical Industries staged a sharp rebound after the company raised its earnings forecast for the fiscal year ending March 2027. As of the afternoon, buying had pushed trading close to the daily price limit, with the shares rising to ¥616.
Kodama Chemical Industries has reportedly raised its earnings forecast for the fiscal year ending March 2027. The shares have staged a sharp rebound in response.
Buying indications strengthened from the morning, and as of 12:38 p.m., the shares stood at ¥616, up ¥100 from the previous day, representing an increase of approximately 19.4%.