関東電化工業 shares hit five-and-a-half-month low as selling in AI and semiconductor stocks spreads

The story

Following the start of trading at 9:35 a.m., 関東電化工業 shares were indicated lower and then fell ¥123 from the previous day to ¥1,820, reaching a low level not seen for approximately 5½ months.

The same day, it was reported that the company's consolidated net profit for the current fiscal year was expected to reach ¥9.9 billion, 2.6 times the previous fiscal year.

At a glance

Share price¥1,820, down ¥123 from the previous day. A low level not seen for 5½ months

TimingA low level not seen for 5½ months

Financial PerformanceNet profit for the fiscal year ending March 2027 is expected to be ¥9.9 billion, 2.6 times the previous fiscal year

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