Sukagawa Electric Industry achieved higher revenue and profits in the cumulative first 3 quarters of the fiscal year ending September 2026. The next earnings announcement is scheduled for 5 November 2026, and the share price has recently rebounded to ¥4,675.
A long-term nuclear power purchase agreement signed by Google was reported on 10/7, and the company's shares rose to ¥5,150 that day. The stock moved against the previous day's level on 10/8, fell 5.84% on 10/15, and rebounded 5.53% the following day to ¥4,675 on 10/16. Trading volume surged to 203,400 shares on 10/7, as trading temporarily concentrated around the related theme.
Sukagawa Electric Industry's results for the cumulative first 3 quarters of the fiscal year ending September 2026 showed revenue of ¥4.5 billion, up 5.0% year on year, operating profit of ¥1.1 billion, up 7.0%, and quarterly net income of ¥800 million, up 13.8%. The reduction in extraordinary losses contributed to the increase in net income.
Performance has improved over the past 12 quarters, with higher net profit and operating profit margins and an improved equity ratio. The company has continued to restrain interest-bearing debt while EPS has continued to increase.
Key points to monitor for future performance include demand related to nuclear fusion and reactor restarts, as well as a recovery in orders for semiconductor equipment. Risks have also been identified, including dependence on the nuclear sector and fluctuations in production costs for made-to-order products.