Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
eREX Co., Ltd. ( (JP:9517) ) has shared an announcement.
Erex has revised its full-year consolidated forecast for the fiscal year ending March 31, 2026, keeping net sales and pretax profit unchanged but cutting operating income to ¥7.1 billion from ¥8.6 billion, while raising net income attributable to owners to ¥4.0 billion. The downgrade in operating income reflects losses linked to the civil rehabilitation of partner ENETRADE Inc. and timing issues in loss recognition on unpurchased inventory, but stronger-than-planned domestic power sales, stable biomass plant operations, lower PKS fuel costs, and reduced profit attributable to non-controlling interests are expected to lift bottom-line profit and earnings per share, signaling resilience in core operations despite one-off charges.
The most recent analyst rating on (JP:9517) stock is a Hold with a Yen708.00 price target. To see the full list of analyst forecasts on eREX Co., Ltd. stock, see the JP:9517 Stock Forecast page.
More about eREX Co., Ltd.
Erex Co., Ltd. is a Japan-based energy company listed on the TSE Prime Market that focuses on domestic power retailing and power generation, particularly through biomass power plants. The company’s business model is sensitive to fuel procurement costs and currency movements, and it works with multiple partners and non-controlling interests in its generation and fuel operations.
Average Trading Volume: 267,540
Technical Sentiment Signal: Sell
Current Market Cap: Yen53.91B
Find detailed analytics on 9517 stock on TipRanks’ Stock Analysis page.