bearish

Kyocera Corp

Kyocera (6971 JP): Massive Downward Revision

349 Views02 Feb 2023 15:08
Kyocera cut operating profit guidance by 31%, leaving sales guidance unchanged. Materials & logistics costs and the weak cell phone market are to blame. Inventory is too high. No positive catalyst.
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Scott Foster
Senior Technology Analyst, Japanese Equities
LightStream Research
JapanInformation TechnologyEquity Bottom-UpThematic (Sector/Industry)
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