The stocks featured in Kabutan's evening edition rebounded sharply today. KOA raised its revenue, operating profit and dividend forecasts for the fiscal year ending March 2027, while several stocks, including Terra Drone, posted substantial gains.
KOA announced after Friday's close that it had raised its consolidated forecasts for the fiscal year ending March 2027, with revenue revised from ¥87.3 billion to ¥91.5 billion and operating profit from ¥5.36 billion to ¥8.31 billion. The dividend forecast was also raised from ¥63 to ¥78. Buying in response to the revisions gathered momentum, and the company recorded the day's largest gain at the close. The move is believed to have been driven by firm first-half demand, mainly in China, for AI-related equipment. Further developments are awaited.
Terra Drone rebounded for the first time in 3 sessions. The electronic edition of The Nikkei reported that George Glass, the US ambassador to Japan, had proposed at a Japan-US experts' meeting that Japan should become a drone production hub for the Indo-Pacific region, prompting buying across drone-related stocks. In addition to Terra Drone, Howa Machinery and Blue Innovation reached new highs. Reports have also emerged of a warning from Russia over the sale of drones to Ukraine. Further developments warrant attention.
Tokyo Sangyo rose sharply. A change report showed that Seika Sangyo, its largest shareholder, had increased its holding from 14.66% to 15.74%, prompting broad-based buying aimed at invigorating discussions on sustainable growth and enhancing corporate value. The company also announced a share repurchase, further raising investor attention.
MEDIPAL HOLDINGS updated its year-to-date high for the second consecutive session. The stock was seen as benefiting from the company's decision to raise its net profit forecast for the fiscal year ending March 2027 from ¥43.0 billion to ¥53.0 billion. The company was also reported to be planning a share repurchase as part of its shareholder returns, supporting continued buying.