Espec Corp. Revises Financial Forecasts Amidst Market Challenges

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2025.11.13 06:25
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Espec Corp. has revised its financial forecasts for the fiscal year ending March 31, 2026, citing a decline in profitability due to reduced EV demand and increased competition in China. Despite improved custom product profitability and increased orders, the company anticipates lower profits than previously expected, while maintaining its dividend forecast. The latest analyst rating for Espec Corp. (JP:6859) is a Buy, with a price target of Yen3842.00. The company operates in the manufacturing sector, focusing on environmental testing solutions and is listed on the Tokyo Stock Exchange.