扶桑化学工業 shares rebounded sharply after the company raised its consolidated earnings outlook for the fiscal year ending March 2027 by approximately 49% year on year to ¥28 billion. The shares rebounded temporarily on improved profitability in electronic materials.
As of 1:35 p.m. in the Prime Market, 扶桑化学工業 shares stood at ¥3,180, up ¥291 from the previous weekend. According to reports, the company was at a stage that pushed up its share price.
The same day, the company was reported to have announced that consolidated operating profit for the fiscal year ending March 2027 was likely to reach ¥28 billion, up 49% from the previous fiscal year. This may have resulted in an upward revision to its full-year outlook.