IDEC, a manufacturer specialising in control equipment, raised its earnings forecast for the fiscal year ending March 2027. In morning trading on 12 August, its share price rose approximately ¥225 from the previous day to ¥4,045, updating its all-time high.
IDEC is reported to have raised its earnings forecast for the fiscal year ending March 2027. Buying led the market following the announcement, and the share price rose from the previous day's close in trading during the 10 a.m. hour.
During trading on 12 August, IDEC's share price rose to around ¥4,045, up approximately 5.9% from the end of the previous week.
The article does not discuss the specific figures or factors behind the upward revision, but reports that the stock updated its all-time high.