Yokowo cut its full-year net profit forecast as the sell indication continued in the afternoon session. It also indicated that first-half earnings are expected to rise approximately 50% year on year.
Yokowo moved to a sell indication in the afternoon session, heightening caution over investor trading activity. Market participants are watching for revisions to the company’s earnings outlook in response to the move.
The company is reportedly said to have cut its full-year net profit forecast and is reviewing its earnings plan toward the end of the fiscal year.
Meanwhile, first-half earnings are expected to increase approximately 50% year on year, and there is also information suggesting that factors behind the strong first-half performance may continue to have an impact.