Tokuyama Corporation’s share price plunged in mid-October and has continued to trade in a range centered around ¥4,000. In the first-quarter results for the fiscal year ending March 2027, revenue was ¥85.7 billion and operating profit was ¥6.1 billion, both down from the previous fiscal year, while the full-year dividend is forecast at ¥132 per share.
In recent trading, the share price fell ¥210, or 5.09%, from the previous day on 15 October, and traded in a range of ¥3,860 to ¥4,061 from 16 to 22 October. Immediately afterward, positive and negative factors continued to intersect, making it difficult for the stock to establish a clear direction around ¥4,000.
Technically, the stock broke above its 25-day moving average on 14 October and was featured on 16 October as a stock that had broken through the Ichimoku cloud. Technical factors have continued to emerge intermittently in the short term, despite the subsequent decline.
For the first quarter of the fiscal year ending March 2027, revenue was ¥85.7 billion and operating profit was ¥6.1 billion, down 22.9% year on year. Despite higher revenue, lower sales of chemicals and higher raw material and fuel costs weighed on profit.
For the full fiscal year ending March 2027, the dividend forecast is ¥132 per share and revenue is expected to reach ¥392.0 billion, while operating profit is projected to decline 8.2% year on year.
Overall, the share price is being influenced by short-term technical factors and trends in raw material costs, and remains a focus of attention depending on quarterly results going forward.