Kaga Electronics revised its full-year earnings outlook upward and indicated that it plans to accelerate growth by expanding its EMS operations in the United States and India, centered on 新光商事, which it has made a subsidiary.
First, Kaga Electronics is reported to have revised its full-year earnings outlook upward. This suggests that market views on the company’s future performance may change.
Next, Kaga Electronics is reported to have decided to make 新光商事 a subsidiary. This is expected to strengthen coordination among management resources.
Kaga Electronics is also reported to be seeking to expand its global contract manufacturing capabilities by developing its EMS operations in the United States and India. Expansion across regions is cited as a factor driving growth.
These developments have prompted the view that Kaga Electronics’ business portfolio and competitiveness in the market may be strengthened.