KOKUSAI ELECTRIC raised its full-year forecast for the fiscal year ending March 2027. The company said it expects revenue to reach ¥340 billion, up 44.6% year on year, supported by orders that are stronger than expected.
KOKUSAI ELECTRIC raised its consolidated earnings forecast for the fiscal year ending March 2027 on the 6th. It expects revenue to reach ¥340 billion, up 44.6% year on year, an increase of ¥60 billion from the forecast announced in May.
According to the announcement, orders remain stronger than expected, with a recovery in capital investment in semiconductor-related equipment providing a tailwind. The company said it revised its full-year plan accordingly.
The revision was disclosed through Newswitch reporting, which also reported speculation that a recovery in demand for manufacturing equipment used for semiconductor package substrates was behind the higher earnings forecast.