KOA raised its earnings and dividend forecasts for the fiscal year ending March 2027, setting its operating profit forecast at ¥8.31 billion on the back of strong demand from the automotive sector.
KOA raised its earnings and dividend forecasts for the fiscal year ending March 2027. As a result, the company expects earnings to improve on the back of demand from the automotive sector.
The company makes electronic components such as resistors, with the automotive sector its main market. The latest upward revision sets out a new operating profit forecast of ¥8.31 billion.