SMC revised its consolidated earnings forecast for the fiscal year ending March 2027 upward, raising net income from its previous forecast of ¥170 billion to ¥238 billion. It also revised its operating profit forecast upward to ¥294 billion.
SMC announced on the 13th that it had revised its consolidated earnings forecast for the fiscal year ending March 2027 upward. Under the new forecast, net income is expected to be ¥238 billion, an increase of 42.3% year on year.
Operating profit is projected at ¥294 billion, up 54.3% from the previous forecast of ¥219 billion. The assumptions were revised based on order trends and foreign exchange movements.
The exchange rate assumptions underlying the new net income forecast are ¥158 to the US dollar, ¥181 to the euro and ¥23.60 to the Chinese yuan.
The forecast is above the market consensus of ¥219.1 billion compiled by IBES.