メック raised its consolidated forecast for the fiscal year ending December 2026 after the close on the 10th, but its shares briefly hit the limit-down level as sentiment grew that the announcement had exhausted available catalysts. Six-month results through June showed substantial year-on-year profit growth, while demand for products used in advanced semiconductor package substrates is expected to remain solid, supported by the expansion of the generative AI market.
メック raised its consolidated earnings forecast for the fiscal year ending December 2026 after the close on the 10th. The revised revenue forecast was increased from ¥24.5 billion to ¥25.8 billion, operating profit from ¥7.6 billion to ¥8.3 billion, and net profit from ¥5.5 billion to ¥6.0 billion. Meanwhile, a sense that the announcement had exhausted available catalysts made trading temporarily difficult, and the shares plunged to ¥7,480 before ending the session.
The upward revision was driven by the expansion of the generative AI market, with demand for products used in advanced semiconductor package substrates, an area in which the company has particular strengths, expected to remain solid. This has again drawn attention to the semiconductor-related business as a growth driver for the company.
Six-month results through June comprised revenue of ¥12.594 billion, up 34.2% year on year, operating profit of ¥413.5 million, up 69.4%, and net profit of ¥303.9 million, up 60.5%. Product lines including the CZ series continued to perform well. Products including adhesion promoters for multilayer substrates and products enabling the formation of fine wiring also recorded solid growth.