Earnings announcements were concentrated after the market close on 12 August. 日本マイクロニクス expects ordinary profit to rise 87% from the previous fiscal year, reaching a record high for the third consecutive year, and simultaneously announced a substantial increase in its dividend to ¥83.
After the close of the Tokyo Stock Exchange market on 12 August, a succession of companies, including 日本マイクロニクス, released their earnings outlooks. 日本マイクロニクス is expected to post an 87% year-on-year increase in ordinary profit this fiscal year, reaching a record high for the third consecutive year, and plans to increase its annual dividend to ¥83.
The surprise earnings announcements released that day included those of 6 companies, including ブロードバンドセキュリティ, エブリー, やまみ, デジタル・インフォメーション・テクノロジー and アイキューブドシステムズ. All raised their profit outlooks for the current fiscal year and expected to set new record highs. ブロードバンドセキュリティ plans to increase ordinary profit by 35%, achieving a record high for the first time in 3 fiscal years, while エブリー plans a 61% increase and a record high for the second consecutive year. やまみ was reported to expect a 19% increase and another record high following the previous fiscal year, along with a planned dividend increase.
In addition, THE COO, ARCHION, LIFULL, ヴィア・ホールディングス and マリオン were among the companies making a succession of upward revisions, with substantial upward revisions to net profit and ordinary profit particularly notable. First-quarter results have supported the upward revisions, and an increasing number of companies are securing profit growth on a quarterly basis as well. Several stocks also indicated dividend increases or stronger shareholder return policies, and buying interest in companies with strong earnings is expected to continue throughout the earnings announcement period, which runs through late August.
Market participants point to signs of recovery and growth across a broad range of sectors, including semiconductor-related businesses, IT services and consumer-related companies. Many companies are making progress ahead of their conservative initial forecasts, raising expectations that the market may reassess the earnings power of Japanese companies.