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Mitsui High-Tec, Inc. ( (JP:6966) ) has provided an update.
Mitsui High-Tec, Inc. has revised its financial forecasts for the fiscal year ending January 31, 2026, due to recent operating trends. The company expects lower net sales and profits than initially projected, primarily due to decreased sales in its Electrical Parts Business. This decline is attributed to falling raw material prices and a reduction in orders as a result of mass production rescheduling to align with customer demand trends. Despite these adjustments, the dividend forecast remains unchanged.
The most recent analyst rating on (JP:6966) stock is a Buy with a Yen899.00 price target. To see the full list of analyst forecasts on Mitsui High-Tec, Inc. stock, see the JP:6966 Stock Forecast page.
More about Mitsui High-Tec, Inc.
Mitsui High-Tec, Inc. operates in the electrical parts industry, focusing on the production and sale of components essential for various electronic applications. The company is listed on the Tokyo and Fukuoka Stock Exchanges and is known for its commitment to innovation and quality in its product offerings.
Average Trading Volume: 1,122,841
Technical Sentiment Signal: Sell
Current Market Cap: Yen153.9B
Learn more about 6966 stock on TipRanks’ Stock Analysis page.