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Espec Corp. ( (JP:6859) ) has provided an announcement.
Espec Corp. has revised its financial forecasts for the fiscal year ending March 31, 2026, due to a decline in profitability in its service business, impacted by reduced EV demand and increased competition in China. Despite increased orders and improved custom product profitability, the company expects lower profits than previously forecasted, though the dividend forecast remains unchanged.
The most recent analyst rating on (JP:6859) stock is a Buy with a Yen3842.00 price target. To see the full list of analyst forecasts on Espec Corp. stock, see the JP:6859 Stock Forecast page.
More about Espec Corp.
Espec Corp. operates in the manufacturing industry, focusing on environmental testing chambers and related equipment. The company is listed on the Tokyo Stock Exchange and targets markets requiring precise environmental testing solutions.
Average Trading Volume: 67,777
Technical Sentiment Signal: Buy
Current Market Cap: Yen77.4B
For a thorough assessment of 6859 stock, go to TipRanks’ Stock Analysis page.