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Misumi Group ( (JP:9962) ) has provided an update.
MISUMI Group Inc. has revised its full-year consolidated business forecast for the fiscal year ending March 2026, reflecting a positive adjustment in sales and income projections. The revision is attributed to the steady performance of Fictiv Inc., a recent consolidation, and favorable foreign exchange trends, despite challenges in the automotive sector due to U.S. tariffs and economic uncertainties in Japan and Europe.
The most recent analyst rating on (JP:9962) stock is a Buy with a Yen2557.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page.
More about Misumi Group
MISUMI Group Inc. operates in the manufacturing industry, providing a wide range of products and services primarily focused on factory automation and precision machinery parts. The company is known for its extensive catalog and efficient supply chain solutions, catering to various sectors including automotive and industrial equipment.
Average Trading Volume: 1,420,903
Technical Sentiment Signal: Hold
Current Market Cap: Yen659.1B
Learn more about 9962 stock on TipRanks’ Stock Analysis page.