Key facts
- Fujikura, a Japanese fiber-optic cablemaker, raised its profit guidance.
- The revised forecast exceeded market expectations.
- The company's shares are expected to reach their daily trading limit.
Japanese fiber-optic cablemaker Fujikura is poised for a significant share price increase after the company unexpectedly raised its profit forecast beyond market expectations. This upward revision indicates strong performance and a positive outlook for the firm.