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An update from Shinagawa Refractories Co., Ltd. ( (JP:5351) ) is now available.
Shinagawa Refractories Co., Ltd. announced the transfer of fixed assets, resulting in a significant extraordinary income of approximately 28,000 million yen. This move is aimed at strengthening the company’s financial position by repaying debt and securing funds for sustainable growth. Consequently, the company revised its earnings forecast for the fiscal year ending March 31, 2026, with net income expected to exceed previous estimates, while maintaining its annual dividend forecast.
The most recent analyst rating on (JP:5351) stock is a Buy with a Yen2062.00 price target. To see the full list of analyst forecasts on Shinagawa Refractories Co., Ltd. stock, see the JP:5351 Stock Forecast page.
More about Shinagawa Refractories Co., Ltd.
Shinagawa Refractories Co., Ltd. operates in the refractories industry, focusing on the production and sale of refractory materials used in high-temperature environments, such as furnaces, kilns, and reactors. The company is listed on the Tokyo Stock Exchange and Shanghai Stock Exchange, indicating its significant presence in the Asian market.
Average Trading Volume: 58,925
Technical Sentiment Signal: Buy
Current Market Cap: Yen90B
See more insights into 5351 stock on TipRanks’ Stock Analysis page.