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IBIDEN CO ( (JP:4062) ) has provided an update.
IBIDEN CO., LTD. announced that its consolidated financial results for the second quarter exceeded previous forecasts due to strong demand for high-value-added products in the Electronics Business and a favorable yen depreciation. The company has revised its full-year forecast upwards, anticipating continued strong orders in the Electronics Business, although the Ceramics Business faces uncertainties in the automotive and power semiconductor markets.
The most recent analyst rating on (JP:4062) stock is a Hold with a Yen13829.00 price target. To see the full list of analyst forecasts on IBIDEN CO stock, see the JP:4062 Stock Forecast page.
More about IBIDEN CO
IBIDEN CO., LTD. operates in the electronics and ceramics industries, focusing on high-value-added products, particularly for generative AI in its Electronics Business. The company is listed on the Tokyo and Nagoya Stock Exchanges.
Average Trading Volume: 2,440,755
Technical Sentiment Signal: Buy
Current Market Cap: Yen1895.2B
See more data about 4062 stock on TipRanks’ Stock Analysis page.