IC forecasts ordinary profit for FY2027 ending September at ¥582 million, down 14% year on year. It also plans to raise the annual dividend from ¥40 to ¥45, while the loss widened in each of the latest 3 quarters.
IC announced its results after market close on 6 November. Consolidated ordinary profit for FY2026 ending September rose 11.9% year on year to ¥677 million, but it indicated that ordinary profit for FY2027 ending September is expected to fall 14.0% year on year to ¥582 million.
It also indicated plans to increase the annual dividend from ¥40 to ¥45, with the special dividend paid in the previous fiscal year eliminated and the ordinary dividend set at ¥43 for the current fiscal year.
Consolidated ordinary loss for the latest 3-month period, July-September (4Q), was ¥36 million, with the loss widening from ¥3 million in the same period of the previous year. The sales operating profit/loss margin deteriorated from -1.2% in the same period of the previous year to -2.2%.