Tachibana Eletech revised upward its consolidated earnings forecast for the fiscal year ending March 2027 and raised its year-end dividend forecast. It also released results for the six months ended September.
Tachibana Eletech revised upward its consolidated earnings forecast for the fiscal year ending March 2027, raising revenue from ¥255.0 billion to ¥260.0 billion, operating profit from ¥9.5 billion to ¥10.5 billion and net income from ¥7.0 billion to ¥7.5 billion. The year-end dividend forecast was also raised from ¥60 to ¥70, bringing the annual dividend forecast to ¥130.
Results for the six months ended September, announced at the same time, showed revenue of ¥125.89 billion, operating profit of ¥5.542 billion and net income of ¥4.028 billion, all representing substantial increases from the same period of the previous year.
Strong demand in Japan and overseas, driven by expanded production of semiconductor manufacturing equipment amid increased AI-related investment, growth in data centers and tight supply and demand for semiconductor memory, is seen as a factor supporting earnings.
The market response has included buying in reaction to the upward revision announced the same day and the strong interim results.