Foster Electric---significant decline, with the previous day's mid-term announcement seen as a selling point.

Fisco Japan · Nov 20 20:54

$Foster Electric (6794.JP)$It has declined drastically. The day before, a briefing session on financial results for the first half of the year and a medium-term business plan were announced. In the mid-term plan, sales for the fiscal year ending 28/3 (forecast 135 billion yen for the fiscal year ending 25/3), operating profit of 9 billion yen (same 6.5 billion yen), ROE 8.0% targets, etc. were set, and shareholder return enhancement measures such as raising dividend payout ratio to 40% and lower DOE 2% limit were also announced. However, while surprises seem limited to target figures, it seems that a decline in operating profit is expected for the fiscal year ending 26/3, and it seems that it is viewed negatively.

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フォスター電---大幅反落、前日に中計発表も売り材料視される形に

Foster Electric---significant decline, with the previous day's mid-term announcement seen as a selling point.

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