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Taiyo Yuden Co., Ltd. ( (JP:6976) ) just unveiled an announcement.
Taiyo Yuden Co., Ltd. reported a 9% increase in net sales for the second quarter of the fiscal year ending March 2026, driven by strong demand in the communication equipment sector. The company also experienced an 87% rise in operating profit, surpassing expectations due to effective capacity utilization and stable selling prices. Consequently, the company has revised its full-year earnings forecast upwards, anticipating a 2% year-over-year increase in net sales and a 72% rise in operating profit.
The most recent analyst rating on (JP:6976) stock is a Hold with a Yen4269.00 price target. To see the full list of analyst forecasts on Taiyo Yuden Co., Ltd. stock, see the JP:6976 Stock Forecast page.
More about Taiyo Yuden Co., Ltd.
Taiyo Yuden Co., Ltd. operates in the electronics industry, primarily focusing on the production of electronic components such as capacitors, inductors, and communication equipment components. The company serves various market sectors, with a significant emphasis on communication devices like smartphones.
Average Trading Volume: 1,690,686
Technical Sentiment Signal: Buy
Current Market Cap: Yen562.9B
Learn more about 6976 stock on TipRanks’ Stock Analysis page.