KANTO DENKA KOGYO’s share price has plunged, and although the company is reportedly set to substantially raise its operating profit forecast for the fiscal year ending March 2027, the stock remains under pressure from profit-taking sales.
KANTO DENKA KOGYO, whose main business is specialty gases, is reportedly seeing a sharp decline in its share price. The reported development concerns the company’s substantial increase in its operating profit forecast for the fiscal year ending March 2027.
At the same time, investors are reportedly taking profits, and selling pressure remains in place.