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Harmonic Drive Systems Inc. FY03/26 results exceed initial forecast
Harmonic Drive Systems Inc. <6324> announced after the close of trading that its consolidated financial results for the fiscal year ending March 2026, which are still being compiled, are expected to exceed the company's initial forecasts. Revenue is now projected at 59.5 billion yen (up 6.9% year-on-year), compared to the previous forecast of 57.0 billion yen. Operating profit is expected to reach 2.5 billion yen (versus 60 million yen in the previous year), up from the prior forecast of 1.5 billion yen. Net profit is projected at 1.58 billion yen (down 54.5% year-on-year), exceeding the earlier estimate of 1.3 billion yen.
The upward revision was primarily driven by higher-than-expected sales of products for robotics and semiconductor manufacturing equipment in Japan and North America. The increase in revenue also contributed to improved factory utilization rates in these regions.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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