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Axell sharply upgraded its full-year earnings forecast, with revenue and operating profit guidance raised well above prior figures.
Buy orders flooded into Axel from the morning session, and the stock was locked at a limit-up bid. The catalyst is the upward revision to its consolidated full-year earnings forecast for the fiscal year ending March 2027, announced the previous day, September 28. Revenue is now projected at 20.4 billion yen, up sharply from the previous forecast of 15 billion yen, while operating profit is seen rising to 2.29 billion yen from 1.2 billion yen.
Axell sharply upgraded its full-year earnings forecast, with revenue and operating profit guidance raised well above prior figures.