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Meito Sangyo Records Extraordinary Income and Revises Financial Forecast

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Meito Sangyo Records Extraordinary Income and Revises Financial Forecast

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Meito Sangyo Co., Ltd. ( (JP:2207) ) has shared an announcement.

Meito Sangyo Co., Ltd. has announced the recording of extraordinary income due to a gain from the partial sale of investment securities, aligning with Japan’s Corporate Governance Code to enhance asset efficiency. This move has led to a revision in the company’s financial forecast for the fiscal year ending March 31, 2026, with a significant increase in the profit attributable to owners of the parent, reflecting a 40% rise compared to the previous forecast.

The most recent analyst rating on (JP:2207) stock is a Buy with a Yen2260.00 price target. To see the full list of analyst forecasts on Meito Sangyo Co., Ltd. stock, see the JP:2207 Stock Forecast page.

More about Meito Sangyo Co., Ltd.

Meito Sangyo Co., Ltd. operates in the food industry, primarily focusing on the production and distribution of dairy products and confectionery items. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.

Average Trading Volume: 25,590

Technical Sentiment Signal: Buy

Current Market Cap: Yen36.97B

See more data about 2207 stock on TipRanks’ Stock Analysis page.

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