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SUKEGAWA ELECTRIC, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 8%, Raises Record High Profit Forecast, Dividend Revised Upward by 2 Yen

Thu May 7, 2026 3:00 pm JST Earnings

7711 SUKEGAWA ELECTRIC CO.,LTD 【J-GAAP】

Earnings Report

SUKEGAWA ELECTRIC CO.,LTD <7711> [TSE Std] announced its financial results in the afternoon session on May 7th (15:00). The ordinary profit (non-consolidated) for the cumulative second quarter of the fiscal year ending September 2026 (October 2025 to March 2026) increased 12.2% from the same period last year, reaching 0.79 billion yen.

In addition, the full-year forecast for ordinary profit has been revised upward 8.4%, from the previous forecast of 1.19 billion yen to 1.29 billion yen (compared to 1.17 billion yen in the previous period), increasing the growth rate from 1.1% to 9.6%, further surpassing the previous forecast of record-high profits for three consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the ordinary profit for the April to September period (second half) is expected to grow 5.7% from the same period last year, reaching 0.49 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 50 yen to 52 yen (compared to 40 yen in the previous period).

In the most recent three-month period, from January to March (2Q), the ordinary profit grew 14.9% from the same period last year, reaching 0.47 billion yen. The operating profit margin rose from 25.4% in the same period last year to 28.8%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Oct - Mar, 2023 2,649 610 610 431 78.3 66.6 May 9, 2024 J-GAAP
Oct - Mar, 2024 2,960 700 705 495 89.9 59.9 May 8, 2025 J-GAAP
Oct - Mar, 2025 3,108 784 791 561 101.8 61.3 May 7, 2026 J-GAAP
YoY +5.0% +12.0% +12.2% +13.3% +13.2%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Guidance 3,000 706 771 497 90.1 25 Nov 6, 2025 J-GAAP
Oct - Mar, 2025 Results 3,108 784 791 561 101.8 26 May 7, 2026 J-GAAP
Revision Rate +3.6% +11.0% +2.6% +12.9% +13.0%

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2026 Prev 5,800 1,180 1,190 833 151.1 50 Nov 6, 2025 J-GAAP
Sep, 2026 New 6,070 1,280 1,290 903 163.7 52 May 7, 2026 J-GAAP
Revision Rate +4.7% +8.5% +8.4% +8.4% +8.4%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 2,507 465 472 299 54.3 22 Nov 6, 2025 J-GAAP
Apr - Sep, 2026 Guidance 2,962 496 499 342 62.0 26 May 7, 2026 J-GAAP
YoY +18.1% +6.7% +5.7% +14.4% +14.3%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Sep, 2024 4,964 916 916 637 115.7 34 Nov 7, 2024 J-GAAP
Sep, 2025 5,467 1,165 1,177 794 144.1 40 Nov 6, 2025 J-GAAP
Sep, 2026 Guidance 6,070 1,280 1,290 903 163.7 52 May 7, 2026 J-GAAP
YoY +11.0% +9.9% +9.6% +13.7% +13.7%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jan - Mar, 2025 1,641 416 415 290 52.7 25.4 May 8, 2025 J-GAAP
Apr - Jun, 2025 1,366 356 363 225 40.9 26.1 Aug 7, 2025 J-GAAP
Jul - Sep, 2025 1,141 109 109 74 13.4 9.6 Nov 6, 2025 J-GAAP
Oct - Dec, 2025 1,451 307 314 222 40.4 21.2 Feb 5, 2026 J-GAAP
Jan - Mar, 2026 1,657 477 477 339 61.5 28.8 May 7, 2026 J-GAAP
YoY +1.0% +14.7% +14.9% +16.9% +16.8%

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