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Exedy Corporation ( (JP:7278) ) has issued an announcement.
EXEDY Corporation has raised its full-year consolidated earnings forecast for the fiscal year ending March 31, 2026, citing a weaker-than-expected yen and stronger-than-forecast third-quarter results. The company now expects revenue of ¥300 billion, operating profit of ¥22 billion, profit before tax of ¥22.5 billion, and profit attributable to owners of parent of ¥13.5 billion, all modestly higher than its previous outlook and above the prior year’s profit levels, signaling improved profitability and a favorable currency tailwind despite ongoing uncertainty in the global economy.
The most recent analyst rating on (JP:7278) stock is a Buy with a Yen6687.00 price target. To see the full list of analyst forecasts on Exedy Corporation stock, see the JP:7278 Stock Forecast page.
More about Exedy Corporation
EXEDY Corporation is a Japanese automotive parts manufacturer listed on the Tokyo Stock Exchange Prime Market, specializing in drivetrain components such as clutches and related products for global vehicle manufacturers. The company’s performance is closely tied to global automotive demand and foreign exchange trends, particularly the yen’s value against the U.S. dollar.
Average Trading Volume: 116,413
Technical Sentiment Signal: Buy
Current Market Cap: Yen210B
For an in-depth examination of 7278 stock, go to TipRanks’ Overview page.