Nippon Gear shares surged. The company raised its earnings forecast for the six months through the second quarter of the fiscal year ending March 2027, reportedly due to the contribution from a large-scale nuclear power project.
Nippon Gear, which manufactures gear units and valve actuators and undertakes construction work for power plants, is reported to have seen its shares surge.
Some media reports say the background was the company's upward revision to its earnings forecast for the six months through the second quarter of the fiscal year ending March 2027 and the contribution from a large-scale nuclear power project.