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Shoei Foods Announces Disposal of Treasury Shares for Stock Compensation Plan
Shoei: Supplementary materials to announce financial results for the 3rd quarter of the fiscal year ending March 31, 2025
Shoei: Summary of financial results for the 3rd quarter of the fiscal year ending March 31, 2025 [Japanese GAAP] (consolidated)
Shoei Co 7839 Sees 1H Net Y3.02B
Shoei Foods Logs 13% Boost in Full-Year Profit
SHOEI---Significant continued increase, as domestic securities have upgraded due to conservative company plans etc.
SHOEI <7839> sees a significant continuation of gains. SMBC Nikko Securities has upgraded its investment rating from "2" to "1" and raised the target stock price from 2400 yen to 3400 yen. The resurgence of the china market has been confirmed, and it seems they determine that sustained growth is possible. There is also an evaluation that the stock price is significantly undervalued for a company with strong brand power and global competitiveness. Regarding the company's earnings guidance, operating profit has exceeded the initial company forecasts for the past ten periods, and there is a trend of disclosing information conservatively each year.