W Scope • Gala Rally Up!! Asia Development • Medinet • Remix [ Yen depreciation accelerates!! ]
WSCOPE Surges to a fresh high for the year-to-date. SBI Securities maintains a Buy rating and a target price of 2,000 yen, suggesting that this serves as a positive basis for consideration. Incorporating foreign exchange gains from yen depreciation, the full-year ordinary profit for the year ending December 2022 is forecast to exceed the company plan of 4.0 billion yen, expected to be 6.0 billion yen. Additionally, with the planned June listing of the Korean subsidiary and its production expansion effects, further profit growth is anticipated from the year ending December 2024 onward.
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