Mitachi: Confirmation

EDINETJan 10 08:51 · Announcements

Mitachi: Half Year Report - 49th Term (2024/06/01 - 2025/05/31)

EDINETJan 10 08:50 · Announcements

DNA, Withus, E-Store, etc.

<3321> Mitachi 1178 -52 significantly continued to decline. The previous day, the first half earnings report was announced, with an operating profit of 0.95 billion yen, a year-on-year increase of 1.3%. On November 22, the forecast was revised upward from the previous estimate of 0.6 billion yen to 0.9 billion yen, landing as expected. The full-year estimates were also revised upward at the same time, from the previous 1.8 billion yen to 1.9 billion yen, a 19.4% increase compared to the previous period, but this time the forecast has been held steady. While the stock price was trading at a high level, it responded to the earnings report which lacked surprises.

Fisco JapanDec 27, 2024 15:18

Mitachi --- significantly continues to fall, with a lack of surprise in the earnings report, leading to a prevailing sense of exhaustion.

Mitachi (3321) experienced a significant decline. On the previous day, the half-year Earnings Reports were announced, with an operating profit of 0.95 billion yen, reflecting a 1.3% increase compared to the same period last year. On November 22, the Financial Estimates were revised upward from the previous estimate of 0.6 billion yen to 0.9 billion yen, aligning with expectations. The full-year forecast was also simultaneously revised upward from the previous 1.8 billion yen to 1.9 billion yen, a 19.4% increase compared to the previous term, but this time, the estimate remains unchanged. Despite the stock price remaining high, the lack of surprises in the Earnings Reports led to a sense of exhaustion in the short term.

Fisco JapanDec 27, 2024 12:49

Okaya Steel Corporation, operating profit for Q3 increased by 4.6% to 25.8 billion yen.

Okaya Steel <7485> announced that for the third quarter of the fiscal year ending February 2025, revenue was 827.9 billion 66 million yen, an increase of 1% compared to the same period last year, and operating profit was 25.8 billion 93 million yen, an increase of 4.6%. The Iron & Steel division performed well in the manufacturing sector, but related to construction materials saw a decrease. Overseas, revenue decreased in Asia but increased in Europe and the U.S. The Electronics division saw increases in information Infrastructure, but a decrease in automotive Components and FA related products. The Nonferrous Metals division faced rising material prices, along with an increase in environmentally friendly materials.

Fisco JapanDec 27, 2024 05:08

Mitachi: Summary of financial results for the 2nd quarter (interim period) for the fiscal year ending May 2025 [Japanese GAAP] (consolidated)

JPXDec 26, 2024 14:30 · Announcements