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An announcement from eREX Co., Ltd. ( (JP:9517) ) is now available.
erex Co., Ltd. has revised the planned figures for its mid-term business plan, changing its consolidated forecasts for the fiscal year ending March 2027 to undetermined. The company had previously disclosed specific targets for net sales, operating income, pre-tax income, and net income attributable to owners, but has now withdrawn these due to heightened uncertainty.
Management cited the impact of the situation in the Middle East, which has driven significant volatility in fuel prices and made electric power price trends difficult to predict. The company also anticipates effects on the real economy that cloud visibility on future power demand, and plans to release updated forecasts once it can make reasonable estimates, signaling elevated planning risk for investors and other stakeholders.
More about eREX Co., Ltd.
erex Co., Ltd. is a Japan-based energy company listed on the TSE Prime Market, operating in the electric power sector. The company focuses on power generation and electricity-related businesses, and its performance is closely tied to fuel price trends and broader power market conditions, including demand dynamics in domestic and international markets.
Average Trading Volume: 699,676
Technical Sentiment Signal: Buy
Current Market Cap: Yen80.28B
See more insights into 9517 stock on TipRanks’ Stock Analysis page.