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Sumitomo Densetsu Co ( (JP:1949) ) has provided an update.
Sumitomo Densetsu Co., Ltd. announced a significant improvement in its financial performance for the six months ended September 30, 2025, surpassing its previous earnings forecasts. This improvement was attributed to steady progress in large-scale projects, particularly in general electrical construction, leading to higher-than-expected profits. Consequently, the company has revised its full-year earnings forecast upwards, anticipating continued profit growth in the second half of the fiscal year, which reflects positively on its operational strategy and market positioning.
The most recent analyst rating on (JP:1949) stock is a Buy with a Yen8213.00 price target. To see the full list of analyst forecasts on Sumitomo Densetsu Co stock, see the JP:1949 Stock Forecast page.
More about Sumitomo Densetsu Co
Sumitomo Densetsu Co., Ltd. operates in the electrical construction industry, focusing on large-scale projects in general electrical construction. The company is listed on the Tokyo Stock Exchange and is known for its expertise in managing and executing extensive electrical infrastructure projects.
Average Trading Volume: 63,585
Technical Sentiment Signal: Buy
Current Market Cap: Yen251.2B
Learn more about 1949 stock on TipRanks’ Stock Analysis page.