TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Moriroku Holdings Co., Ltd. ( (JP:4249) ) has shared an update.
Moriroku Holdings Co., Ltd. announced a revision of its financial forecast for the fiscal year ending March 31, 2026, due to differences between forecasted and actual results in the second quarter. The company reported higher-than-expected profits due to favorable currency exchange rates and operational efficiencies, but revised its full-year forecast downward due to anticipated costs from acquiring part of Resonac Corporation’s mobility business and challenges in the automotive sector, including semiconductor shortages.
The most recent analyst rating on (JP:4249) stock is a Hold with a Yen2515.00 price target. To see the full list of analyst forecasts on Moriroku Holdings Co., Ltd. stock, see the JP:4249 Stock Forecast page.
More about Moriroku Holdings Co., Ltd.
Moriroku Holdings Co., Ltd. operates in the manufacturing industry, focusing on resin-treated products and mobility business solutions. The company is engaged in providing services and products primarily for the automotive sector, with a significant market presence in Asia and North America.
Average Trading Volume: 13,118
Technical Sentiment Signal: Buy
Current Market Cap: Yen33.03B
See more data about 4249 stock on TipRanks’ Stock Analysis page.