Sakae Electronics raised its full-year forecast. Orders are believed to have increased as inventory adjustments by major customers progressed.
Sakae Electronics raised its forecast for the fiscal year ending March 2027, increasing projected net sales from its previous outlook. The new net sales forecast is ¥11.497 billion, representing an expected increase of approximately 56.9% year on year. The forecast for net income was revised upward by ¥300 million to ¥300 million, while the year-end dividend forecast was also increased by ¥1 to ¥14.
Orders for the April-September period exceeded plan across the group, against a backdrop of progress in inventory adjustments by major customers, including semiconductor manufacturing equipment makers and their suppliers. The company said results exceeded plan, helped in part by contributions from high-value-added products.
Based on these results, the company reviewed its full-year forecast in light of its first-half results and recent order trends. Progress in inventory adjustments has been cited as a key factor this fiscal year, and order growth is believed likely to continue.
Buying prompted by these developments entered the stock market, and the share price rose temporarily.