Hokuetsu Corporation Revises Financial Forecasts Amid Market Challenges
Hokuetsu Corporation has revised its financial forecasts for the fiscal year ending March 31, 2026, due to lower sales volumes and prices in overseas pulp markets, along with decreased sales of paper and paperboard. The yen's depreciation has also affected profitability, leading to significant reductions in projected net sales, operating profit, and earnings per share. However, the company maintains its dividend forecast. The latest analyst rating for Hokuetsu Corporation (JP:3865) is a Hold with a price target of Yen1124.00.
Hokuetsu Corporation ( (JP:3865) ) has provided an announcement.
Hokuetsu Corporation has revised its financial forecasts for the fiscal year ending March 31, 2026, due to lower than expected sales volumes and prices in overseas pulp markets, and decreased sales of paper and paperboard. The depreciation of the yen has also impacted profitability, leading to significant reductions in projected net sales, operating profit, and earnings per share for both the first half and the full fiscal year. Despite these adjustments, the company has not altered its dividend forecast.
The most recent analyst rating on (JP:3865) stock is a Hold with a Yen1124.00 price target. To see the full list of analyst forecasts on Hokuetsu Corporation stock, see the JP:3865 Stock Forecast page.
More about Hokuetsu Corporation
Hokuetsu Corporation operates within the pulp and paper industry, focusing on the production and sale of paper, paperboard, and related products. The company is listed on the Tokyo Stock Exchange and serves both domestic and international markets.
Average Trading Volume: 182,780
Technical Sentiment Signal: Sell
Current Market Cap: Yen165.9B
For an in-depth examination of 3865 stock, go to TipRanks’ Overview page.
