Tamura Corporation revised its full-year earnings forecast upward at noon on the 27th. Against a backdrop of strong sales of AI data center-related products and a recovery in demand, it raised its operating profit forecast from ¥5.6 billion to ¥6.5 billion and is now expected to post a new record profit.
Electronic components manufacturer Tamura Corporation revised its full-year consolidated earnings forecast upward as of noon on the 27th. It raised its previous operating profit forecast from ¥5.6 billion to ¥6.5 billion, an increase of approximately 22.9% from the previous fiscal year, and is expected to set a new record for operating profit.
The factors behind the revision include strong sales of AI data center-related products, a recovery in demand for industrial equipment, and progress in revising selling prices in the electronic chemicals and mounting-related business. Reflecting these factors, consolidated results for the fiscal year ended March 2024 came in above the previous forecast.
The shares attracted buying interest in trading on the 27th, closing at ¥823, up ¥85 from the previous day. There is also information indicating that the current share price is trading at around ¥823.