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Hirakawa Hewtech Corp. Revises Financial Forecasts Upward Amid Strong Cable Sales

Story Highlights
  • Hirakawa Hewtech specializes in cables for energy, automotive, and medical sectors.
  • The company revised its financial forecast upward due to strong sales and market demand.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hirakawa Hewtech Corp. Revises Financial Forecasts Upward Amid Strong Cable Sales

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An announcement from Hirakawa Hewtech Corp. ( (JP:5821) ) is now available.

Hirakawa Hewtech Corp. has revised its full-year consolidated financial forecast for the fiscal year ending March 31, 2026, reflecting a positive outlook driven by strong sales in energy industry cables and new mass-produced automotive and medical cables. The company’s operating profit, ordinary profit, and profit attributable to owners are expected to surpass previous forecasts due to robust local demand and a recovery in the factory automation sector, indicating a strong market position and potential benefits for stakeholders.

The most recent analyst rating on (JP:5821) stock is a Buy with a Yen2677.00 price target. To see the full list of analyst forecasts on Hirakawa Hewtech Corp. stock, see the JP:5821 Stock Forecast page.

More about Hirakawa Hewtech Corp.

Hirakawa Hewtech Corp. operates in the manufacturing industry, specializing in cables for various sectors including energy, automotive, and medical industries. The company focuses on providing high-quality cables that meet the demands of the North American mega-solar power plants, automotive, and medical markets.

Average Trading Volume: 57,501

Technical Sentiment Signal: Buy

Current Market Cap: Yen34.56B

For detailed information about 5821 stock, go to TipRanks’ Stock Analysis page.

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