TSE:6966Semiconductor
Mitsui High-tec (TSE:6966) Is Up 70.5% After Upgrading FY2027 Guidance Is The Bull Case Different?
Mitsui High-tec, Inc. recently raised its consolidated earnings guidance for the fiscal year ending January 31, 2027, now projecting net sales of ¥254,000 million, operating profit of ¥14,500 million, and profit attributable to owners of parent of ¥10,000 million, or ¥54.72 per basic share.
The company attributed this upgrade to stronger-than-expected demand and favorable foreign exchange effects, which it expects will more than offset higher material costs linked to tensions in the Middle...