Trading activity picked up among major stocks in the afternoon session. Bulldog Sauce lowered its first-half profit forecast, The Bank of Saga raised its forecast and increased its dividend, Mirai Industry raised its full-year forecast, Tokai Senko K.K. lowered its forecast, and Kakko announced the launch of a proof-of-concept offering for its AI security assessment service.
In afternoon trading, Bulldog Sauce announced first-half consolidated operating profit of ¥280 million, down 5.9% year on year. Rising materials and electricity costs pressured profit, while its full-year operating profit forecast remained unchanged at ¥620 million.
The Bank of Saga raised its first-half net profit forecast to ¥5.80 billion and simultaneously announced that it would increase its interim dividend from ¥55 to ¥65. The expected increase in ordinary revenue is attributable to improvements in its securities portfolio.
Mirai Industry raised its full-year operating profit forecast to ¥6.93 billion, but this is expected to fall below the market consensus of ¥7.0 billion. First-half operating profit was ¥3.79 billion, up 20.0% year on year.
Tokai Senko K.K. declined for the first time in 5 days and lowered its full-year operating profit forecast for the fiscal year ending March 2027 from ¥450 million to ¥150 million. The decline in domestic orders and persistently high raw material prices were factors.
Kakko announced that its wholly owned subsidiary Anycloud had begun offering a proof of concept for an AI security assessment service, and its shares surged in the afternoon session.
These developments are provided for informational purposes and are not intended to encourage investment decisions in individual stocks.