Nitori HD - significant continued decline, concerns about limited impact of financial results and future exchange rate trends etc.

Fisco Japan · Nov 6 23:29

Nitori HD <9843> is sharply declining. The company announced its second quarter financial results the previous day. The operating profit for the July-September period is 23.5 billion yen, an increase of 5.8% compared to the same period last year, slightly exceeding the company's plan by over 1 billion yen, but it is at a level almost in line with market expectations. The full-year forecast of 129.6 billion yen, a 1.5% increase from the previous year, remains unchanged. It is considered that the earnings surprise is limited, but with declining sales in October for existing stores and the depreciation of the yen due to a potential Trump victory in the U.S. presidential election, the sense of selling pressure seems to be strengthening.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

ニトリHD---大幅続落、決算インパクト限定的も今後の為替動向などに懸念も

Nitori HD - significant continued decline, concerns about limited impact of financial results and future exchange rate trends etc.

Risk Disclaimer

Statement