NGK raised its consolidated earnings forecast for the fiscal year ending March 2027. Products for semiconductor manufacturing equipment are expected to remain strong, driven by growing demand for semiconductors used in AI. The new forecast has been raised to sales of ¥770 billion, operating profit of ¥130 billion, net profit of ¥100 billion and a dividend of ¥126.
NGK raised its consolidated earnings forecast for the fiscal year ending March 2027. Products for semiconductor manufacturing equipment are expected to remain strong, driven by growing demand for semiconductors used in AI.
The new forecast calls for sales of ¥770 billion, operating profit of ¥130 billion and net profit of ¥100 billion, all above the previous forecast. The dividend forecast has also been raised to ¥126 per share.
The revision was reported by Jiji Press, and NGK is said to have demonstrated the stability of its business base amid tailwinds from AI demand.