SUNCALL CORPORATION announced revisions to its earnings and dividend forecasts on 7 August, while its first-quarter results released the same day showed the impact of its withdrawal from the HDD suspension business. The share price has continued to rise amid a sharp increase in trading volume on 12 August.
On 7 August, SUNCALL CORPORATION revised its full-year earnings forecast and raised its outlook for the annual dividend. Full-year revenue is forecast at ¥56 billion and operating profit at ¥8.5 billion, while the annual dividend was revised upward to ¥35.
In the earnings summary for the first quarter of the fiscal year ending March 2027, released the same day, revenue was ¥13.3 billion, down 13.8% year on year, and operating profit was ¥1.9 billion, down 23.4%. The company cited its withdrawal from the HDD suspension business as a factor.
During the first quarter, demand for communications-related products for data centers increased 42.7% year on year, while the decline in revenue resulting from the withdrawal and changes in the business mix were reflected in results.
Trading volume on 12 August surged to 4,615,600 shares, an increase of 804% from the previous day, and the share price continued to rise, closing at ¥1,994, up 13.94% on the day.