Futaba Sangyo plunges on lower forecast for the fiscal year ending March 2027

The story

Futaba Sangyo (7241), an automotive parts manufacturer, plunged as it was seen having lowered its forecast for the fiscal year ending March 2027. As of 1:32 p.m., it was trading at ¥911, down ¥81 from the previous day.

The stock briefly fell as low as ¥903, with negative factors coming into focus in the market.

At a glance

CompanyFUTABA INDUSTRIAL CO., LTD.

PeriodLowered forecast for the fiscal year ending March 2027

Share Prices¥911 as of 1:32 p.m.

Price movementDown ¥81 from the previous day

LevelFell as low as ¥903 temporarily

NatureLeading position in automotive mufflers

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