SANYO DENKI extended its gains late in the afternoon session. It raised its consolidated earnings outlook for the fiscal year ending March 2027 across revenue, profit and dividends, and also increased its dividend forecast. Demand is expanding in the factory automation and generative AI-related sectors.
SANYO DENKI extended its gains late in the afternoon session and raised its consolidated earnings outlook for the fiscal year ending March 2027. Revenue is being increased from ¥128.85 billion to ¥142.25 billion, operating profit from ¥16.29 billion to ¥20.02 billion, and net profit from ¥12.0 billion to ¥14.15 billion. The dividend forecast was also revised, rising from an annual ¥170, comprising an interim dividend of ¥80 and a year-end dividend of ¥90, to an annual ¥200, comprising an interim dividend of ¥90 and a year-end dividend of ¥110.
The company cited increased demand for communications equipment, robots and semiconductor manufacturing equipment in the factory automation sector, one of its main sales markets, as a factor behind the upward revision. It explained that demand in the factory automation and generative AI-related sectors, in particular, has been steadily expanding.
The revision reflects market demand trends, and continued attention is considered necessary regarding future earnings. SANYO DENKI also announced a revision to its dividend policy at the same time.
Although not mentioned in the article, the revision was announced during the afternoon trading session, heightening investor interest.