DAIHEN CORPORATION raised its consolidated ordinary profit forecast for the fiscal year ending March 2027 from the previous forecast of ¥25.5 billion to ¥30.5 billion, expanding the projected earnings growth rate. It also raised its ordinary profit forecast for the April–September period, while increasing the annual dividend forecast to ¥135.
DAIHEN CORPORATION announced revisions to its earnings and dividend forecasts after the market close on 29 October. It raised its previous outlook, forecasting consolidated ordinary profit of ¥30.5 billion for the current fiscal year, which would represent substantial growth from the previous fiscal year. The company is therefore expected to further raise its record-profit forecast for the second consecutive fiscal year.
The earnings outlook for the first half, or April–September period, was also raised from the previous forecast of ¥9.5 billion to ¥11.5 billion. The projected year-on-year growth rate is expected to expand from 20.3% to 45.6%, further raising the record-profit forecast for the first half.
The dividend policy for the current fiscal year was also revised, with the annual dividend forecast raised from the previous plan of ¥126 to ¥135. The increase is expected to take the dividend above the previous fiscal year's level, although figures before the stock split and other effects are also presented. Investors are directed to check the earnings flash report PDF for additional information.
Kabutan News and Yahoo! Finance both reported the same earnings revision. Further information and the market reaction will continue to be watched.