Daishinku Corporation’s share price gained momentum toward late October, remaining narrowly range-bound from ¥720 to ¥709 between 27 and 30 October, while trading volume surged to approximately 550,000 shares on 29 October. The publication of the earnings summary and the full-year outlook affected the stock’s performance during this period.
From 27 to 30 October, Daishinku Corporation’s share price remained narrowly range-bound, changing from ¥720 to ¥709, while trading volume rose sharply from the previous day on 29 October to approximately 550,600 shares. After recovering to ¥715 on 23 October, the share price regained ground to reach ¥741 on 29 October, and concentrated trading continued.
The earnings summary for the first quarter of the fiscal year ending March 2027 was published on 10 August. Revenue was ¥10.6 billion, up 12.8% year on year, while the company posted an operating loss of approximately ¥1 million due to surging gold prices and higher fixed costs. Profitability remained under pressure despite the increase in revenue.
The full-year forecast was left unchanged at that time, with projected revenue of ¥41.0 billion, operating profit of ¥1.4 billion and annual dividends of ¥28. The company’s own plan remained in place even after the quarterly loss.
On equity information websites, the stock was featured as one of the issues with a low RSI of 20% or less, and toward the end of October, investors continued to look for room for a rebound alongside technical factors.