Cosmo Energy Holdings Hits Day Low of JPY 3,410 Amid Price Pressure

Cosmo Energy Holdings Co., Ltd. experienced a significant decline today, with the stock dropping by 6.36% and reaching an intraday low of JPY 3,410.00. This performance stands in contrast to the Japan Nikkei 225, which saw a modest decrease of 1.01% during the same period.
Over the past week, Cosmo Energy has shown a slight decline of 0.55%, while its monthly performance reflects a decrease of 4.17%. Year-to-date, the stock has fallen by 0.91%, and over the past year, it has experienced a notable drop of 17.84%. Despite these challenges, the company has demonstrated strong long-term fundamental strength, with a return on capital employed (ROCE) averaging 14.29%.

However, the company has faced difficulties in its financial results, reporting a significant decline in net sales and consecutive negative results over the last three quarters. The latest figures indicate a pre-tax profit of JPY 4,009 million, down by 89.09%, and a net profit of JPY -2,044.34 million, reflecting a decrease of 112.73%. With a market capitalization of JPY 637,207 million, Cosmo Energy Holdings continues to navigate a complex financial landscape.