As Synspective shares continued to fall, SMBC Nikko Securities cut its investment rating, judging that the ramp-up of overseas data sales would be later than previously expected.
As Synspective shares continued to decline, SMBC Nikko Securities cut its investment rating on the company from “1 (Outperform).” The article does not state that a specific new rating was established, but reports that the rating was changed.
The brokerage reportedly judged that the ramp-up of overseas data sales had been pushed back from its previous expectations, and attention is focused on future progress. The article does not provide the basis for or a specific timeframe for the delay.