Daikokuya Holdings' share price has recently fallen to around ¥75. After trading in a range of ¥77-¥78, the 2 November closing price fell to ¥75, down ¥2 from the previous day. External market conditions and progress against the earnings outlook are being watched as factors that could influence the share price.
As key points in the recent share price movement, the share price traded in a range of ¥77-¥78 from 27 to 30 October, while the 2 November closing price was ¥75, down ¥2 from the previous day. An article was published on 20 October stating that growth in purchases could slow as gold prices corrected, and external market conditions were seen overlapping as a factor influencing the share price.
The earnings report for the first quarter of the fiscal year ending March 2027 was announced on 7 August. Revenue rose 48.5% year on year to approximately ¥3.7 billion, and each profit measure also turned positive. The integration of the on-site purchasing business and reductions in selling, general and administrative expenses were cited as factors behind the improvement.
On the same date, the full-year forecasts were left unchanged at revenue of ¥22.3 billion, operating profit of ¥1.3 billion and net profit of ¥600 million. Following the return to quarterly profitability, progress against the full-year plan remains a focus.
An article related to a golden cross was published on 9 October, but the share price has fallen from the 14 October closing price of ¥85 to the 2 November closing price of ¥75, with the slowdown following the improvement signal continuing.