COSEL raised its consolidated earnings forecast for the fiscal year ending May 2027, sending its share price sharply higher. The stock reached ¥1,468 at one point as of 11:30 a.m. on the 18th, attracting strong buying interest.
COSEL makes switching power supplies for industrial equipment and other applications. The company raised its consolidated earnings forecast for the fiscal year ending May 2027. This heightened market interest and sent its share price sharply higher.
In terms of the stock's price and movement at the time, the shares rose as much as ¥148 to ¥1,468. The article does not provide the specific figures for the upward revision or a breakdown of the new outlook.
Regarding the upward revision, the article focuses on the company's decision to raise its consolidated earnings forecast for the fiscal year ending May 2027.