Taiyo Yuden raised its full-year forecasts in its first-quarter earnings announcement, revising revenue from ¥384 billion to ¥424 billion and operating profit from ¥30 billion to ¥45 billion. Meanwhile, buying interest in the Tokyo market was limited following a decline in the SOX index.
Taiyo Yuden raised its full-year forecasts for the fiscal year ending March 2027 after the market close on the 5th. The new revenue forecast is ¥424 billion and the operating profit forecast is ¥45 billion, up from the previous forecasts of ¥384 billion and ¥30 billion, respectively.
For the first quarter (April–June), revenue was ¥93.897 billion, up approximately 10% year on year, while operating profit was ¥4.818 billion, up approximately 53% year on year, resulting in a substantial increase in profit.
Growth in the capacity and number of multilayer ceramic capacitors, along with expanding demand for AI servers, is expected, and the impact of the weaker yen was also reflected. The assumed exchange rate was revised to ¥159.70 to the US dollar.