COSEL announced that it had raised its forecast for net income for the fiscal year ending May 2027 to a ¥2.6 billion profit and expects revenue of ¥31.8 billion, up 27% year on year. The revised forecast is higher than the initial projection, and the company expects to return to profitability.
COSEL announced that it expects net income for the fiscal year ending May 2027 to be a ¥2.6 billion profit. The company posted a ¥3.4 billion loss in the previous fiscal year and has raised its forecast from the initial projection of a ¥1.6 billion profit. Revenue is expected to reach ¥31.8 billion, up 27% year on year, representing a ¥2.9 billion increase from the initial forecast.
The backdrop is strong demand related to generative AI in the company’s core switching power supply business, along with an increase in inquiries for semiconductor manufacturing equipment. A follow-up to this article provides more detail on factors including procurement price trends and component availability.
COSEL is said to be working to improve profitability alongside expanding demand for its product lineup, helped by tailwinds from AI-related demand. For the company’s future earnings outlook and specific order trends, official releases and investor presentation materials will continue to be the sources to watch.