Noritake raised its consolidated earnings forecast for the fiscal year ending March 2027, forecasting revenue of ¥160 billion, operating profit of ¥14.5 billion, ordinary profit of ¥18 billion and net profit of ¥18 billion. The revision reflects firm demand for MLCCs from the automotive and data-center sectors.
Noritake raised its full-year earnings forecast for the fiscal year ending March 2027, revising revenue upward from ¥157.5 billion to ¥160 billion and operating profit from ¥13 billion to ¥14.5 billion. Ordinary profit and net profit are each forecast at ¥18 billion, with all figures expected to reach record highs.
The company cited firm demand for multilayer ceramic capacitors (MLCCs) for automotive applications and data centers as a factor behind the upward revision. This is expected to improve revenue and the levels of each profit item, lifting the full-year earnings plan.
The company's formal announcement is based on figures for the fiscal year ending March 2007, but at this point only the differences from the previous outlook and the new forecast figures have been disclosed. Further disclosure on future business performance is awaited.