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TECHNO HORIZON surges on buy orders after lifting FY03/26 ordinary profit forecast 8-fold and boosting dividend
TECHNO HORIZON CO.,LTD. <6629> surged on buy orders from the opening, significantly lifting its share price. Specializing in robotics with factory automation (FA) as its core, TECHNO HORIZON is well-regarded for its AI-powered X-ray equipment featuring high-speed inspection capabilities. It is expected to play a key role in optical and sensing technologies?essential for the convergence of AI and robotics?while expanding its footprint in the physical AI sector.
Against this favorable backdrop, business performance has been robust. After the market close on April 24, TECHNO HORIZON revised its FY03/26 earnings forecast upward, sharply raising its ordinary profit projection to 3 billion yen from the previous 1.8 billion yen?an 8.1-fold increase over the previous fiscal year. Revenue and profits grew on the back of GIGA School projects, while the robotics segment outperformed internal expectations. Foreign exchange gains also bolstered profit. Backed by strong earnings, the company enhanced shareholder returns by raising its annual dividend forecast by 10 yen to 30 yen, further fueling investor interest.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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