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Revision to earnings forecast6324Harmonic Drive Systems Inc.Machinery

Notice Regarding Revisions to Full-Year Earnings Forecasts, Dividend of Surplus (Interim Dividend), and Year-End Dividend Forecast

The full-year earnings forecast for the fiscal year ending March 2027 was revised upward in light of expectations that orders and demand will remain firm. The interim dividend was changed from ¥10 to ¥12 per share, the year-end dividend forecast from ¥10 to ¥16 per share, and the annual dividend forecast from ¥20 to ¥28 per share.

Worth reading
68In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
22
% (change in consolidated ordinary profit)
Wording
Avoiding a definitive answer
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027 · Full yearPrevious forecast published 7 August 2026
Net Sales74,500→78,000million
+4.7%
Operating profit8,500→10,200million
+20.0%
Ordinary income8,200→10,000million
+22.0%
Profit attributable to owners of the parent6,000→7,200million
+20.0%
Net income per share—→—Yen / sen
—

The bar length represents the relative magnitude of change, based on the item that changed the most in this document.

Reason for the revision

In addition to strong second-quarter orders, demand is expected to remain firm in the second half across major applications, including industrial robots and semiconductor manufacturing equipment. As a result, revenue is expected to exceed the previous forecast. On the earnings side, higher profit is expected mainly from the effects of increased revenue.

Previous-period resultsActual results for the fiscal year ended March 2026: revenue ¥59,557 million, operating profit ¥2,567 million, ordinary profit ¥2,539 million, net income attributable to owners of the parent ¥1,608 million, earnings per share ¥16.99
Dividend forecast revisionThe interim dividend was decided at a change from ¥10 to ¥12 per share, and the year-end dividend forecast was changed from ¥10 to ¥16 per share. The annual dividend forecast was changed from ¥20 to ¥28 per share.
Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Net Sales¥74,500 million → ¥78,000 million(+4.7%)
Operating profit¥8,500 million → ¥10,200 million(+20.0%)
Ordinary income¥8,200 million → ¥10,000 million(+22.0%)
Profit attributable to owners of the parent¥6,000 million → ¥7,200 million(+20.0%)
Net income per share¥63.38 → ¥76.05
Fiscal Period CoveredFiscal year ending March 2027
Period CoveredFull year
Publication date of previous forecast7 August 2026
Previous-period resultsActual results for the fiscal year ended March 2026: revenue ¥59,557 million, operating profit ¥2,567 million, ordinary profit ¥2,539 million, net income attributable to owners of the parent ¥1,608 million, earnings per share ¥16.99
Reason for the revisionIn addition to strong second-quarter orders, demand is expected to remain firm in the second half across major applications, including industrial robots and semiconductor manufacturing equipment. As a result, revenue is expected to exceed the previous forecast. On the earnings side, higher profit is expected mainly from the effects of increased revenue.
Dividend forecast revisionThe interim dividend was decided at a change from ¥10 to ¥12 per share, and the year-end dividend forecast was changed from ¥10 to ¥16 per share. The annual dividend forecast was changed from ¥20 to ¥28 per share.
Consolidated / non-consolidatedConsolidated/non-consolidated
Items this document does not state (1)
Details and amount of extraordinary loss

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Second-quarter orders were strong, and demand is expected to remain firm in the second half across major applications, including industrial robots and semiconductor manufacturing equipment. As a result, revenue is expected to exceed the previous forecast. On the earnings side, higher profit is expected mainly from the effects of increased revenue. The dividend was revised based on the policy of targeting a consolidated dividend payout ratio of 35%, taking into account the recovery in earnings for the current fiscal year.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Revisions to Full-Year Earnings Forecasts, Dividend of Surplus (Interim Dividend), and Year-End Dividend Forecast | Harmonic Drive Systems Inc. (6324) timely disclosure | Komori