Hokuetsu Corporation Revises Financial Forecasts Amid Market Challenges
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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.
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