This report provides an overview of 8 stocks, including TDK and Furukawa Electric, whose valuations have become more attractive following strong earnings and upward revisions to forecasts, as well as information on the period when earnings announcements will peak.
Against the backdrop of the Nikkei Stock Average's decline, share prices plunged in the first week of November, but began to rebound after 9 November. More than 800 companies are expected to announce earnings on 13 November. This feature screens for stocks that achieved profits above market expectations while appearing undervalued on a forward PER basis.
The stock list includes 8 companies, including Furukawa Electric and TDK, and shows each company's net profit growth rate for the first half of the fiscal year ending March 2027 and its forecast full-year net profit growth rate. TDK raised its full-year forecast, increasing sales from approximately ¥2.58 trillion to around ¥3.5 trillion and operating profit from approximately ¥295 billion to ¥365 billion. Furukawa Electric is expected to benefit from higher sales of data-center-related products and expand its business, mainly in optical solutions.