SEMITEC substantially raised its full-year ordinary profit forecast. Ordinary profit for the first 2 quarters was ¥2.18 billion, and the full-year forecast was raised from ¥2.89 billion to ¥3.75 billion.
SEMITEC released its earnings results after the market close on 11 November, reporting consolidated ordinary profit of ¥2.18 billion for the first 2 quarters (April-September) of the fiscal year ending March 2027, up 21.9% year on year. The company publishes quarterly results for items including revenue, operating profit, ordinary profit and net income. It also raised its full-year ordinary profit forecast from ¥2.89 billion to ¥3.75 billion, projecting a 3.8% year-on-year increase.
However, based on first-half results and the relevant assumptions, the company calculated that consolidated ordinary profit for October-March would fall 14.0% year on year to ¥1.56 billion. For the most recent 3 months, ordinary profit for July-September was ¥960 million, up 8.5% year on year, while the operating margin on sales improved from 14.6% to 15.8%.