After the market closed on the 9th, Nitto Kogyo revised upward its consolidated earnings forecast and year-end dividend forecast for the fiscal year ending March 2027. Revenue is expected to be ¥217 billion, operating profit ¥18.5 billion, net profit ¥12.8 billion, and the full-year dividend ¥170.
After the market closed on the 9th, Nitto Kogyo revised upward its consolidated earnings forecast for the fiscal year ending March 2027 to revenue of ¥217 billion, up 10.8% year on year, operating profit of ¥18.5 billion, up 19.8%, and net profit of ¥12.8 billion, up 11.4%. It also raised its year-end dividend forecast to ¥93 and its full-year dividend forecast to ¥170. The announcement has been well received by the market.
The upward revision reflects increased capital investment demand driven by expanding AI and semiconductor-related investment. Distribution businesses related to electrical and information infrastructure and manufacturing businesses related to electronic components are increasing sales, particularly in high-value-added fields. Profit is expected to exceed the initial plan as project pricing improves and the delayed impact of higher materials prices emerges.
The six-month results announced the same day showed revenue of ¥98.112 billion, operating profit of ¥7.242 billion, and net profit of ¥4.523 billion, all up from the same period a year earlier. The announcement has prompted a positive reaction in the stock market.