Makino Milling Machine Co., Ltd. raised its consolidated operating profit forecast for the fiscal year ending March 2027 from ¥27.6 billion to ¥36.3 billion. Views are spreading that demand in Japan and overseas remains firm and that orders related to the aerospace sector are also strong.
After the market closed on 30 October, Makino Milling Machine Co., Ltd. announced that it would raise its consolidated operating profit forecast for the fiscal year ending March 2027 from ¥27.6 billion to ¥36.3 billion.
In Japan, demand for parts machining, centered on semiconductor manufacturing equipment and energy-related applications, increased. Orders related to the aerospace sector also remained firm, while orders in China, the United States and Europe expanded.
Some market participants viewed the improvement in the company's operating margin positively, and forecasts have emerged that operating profit for the fiscal year ending March 2028 could reach around ¥40 billion.