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Sansha Electric Manufacturing Co.,Ltd.falls as final profit for March 2026 misses target, ending in decline

Mon Apr 27, 2026 10:46 am JST Catalyst

Sansha Electric Manufacturing Co.,Ltd. <6882> is falling. The company announced after the close of trading on the 24th last week that its consolidated final profit for the fiscal year ending March 2026, currently being tallied, will fall short of the previous forecast of 840 million yen to 381 million yen (down 24.1% year-on-year), reversing from an expected increase to a decline, which has weighed on the stock.

The main factors were the recording of impairment losses on fixed assets in the semiconductor business, as well as impairment treatment of fixed assets related to overseas subsidiaries. Meanwhile, sales fell short from 27.7 billion yen to 26.65 billion yen (up 4.8% year-on-year) due to weak sales in China in the semiconductor business and sluggish demand for small embedded power supplies across various applications in the power equipment business. However, cost reduction measures resulted in operating profit exceeding expectations, rising from 1.2 billion yen to 1.386 billion yen (up 29.2% year-on-year).

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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