Kanto Denka Kogyo gained momentum in the afternoon session and raised its consolidated earnings forecast for the fiscal year ending March 2027, citing the normalization of specialty gas selling prices. The stock is updating its year-to-date high.
In the afternoon session, Kanto Denka Kogyo gained momentum, updating its year-to-date high. At around 1:00 p.m. today, it revised its consolidated earnings forecast for the fiscal year ending March 2027.
The revision was attributed to factors including the normalization of specialty gas selling prices. The operating profit outlook appears to have been reviewed from the previous ¥10 billion level.