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Hanshin Diesel Works rebounds on better-than-expected FY March 2026 results driven by strong parts sales
The Hanshin Diesel Works,Ltd. <6018> is rebounding. Following the close of trading on the 22nd, the company announced that its standalone financial results for the fiscal year ending March 2026, currently being compiled, are expected to exceed previous forecasts, with sales rising from the earlier projection of 13.9 billion yen to 14,028,000,000 yen (up 5.2% year-on-year), operating profit increasing from 700 million yen to 824,000,000 yen (up 34.6% year-on-year), and net profit climbing from 530 million yen to 736,000,000 yen (up 37.3% year-on-year). This announcement has been well received by the market.
The upward revision in sales and operating profit was driven by strong parts sales toward the end of the fiscal year and a reduction in provision for loss on orders due to progress in improving contract prices for main engines. Additionally, increases in dividend income, interest income, and foreign exchange gains on a non-operating basis contributed to the boost in net profit. In line with the better-than-expected results, the company raised its year-end dividend forecast from 40 yen to 56 yen, bringing the full-year dividend forecast to 91 yen (compared to 70 yen in the previous fiscal year).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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