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SANYO DENKI surges to daily limit up, forecasts significant revenue and profit growth with substantial dividend increase for fiscal year ending March 2027
SANYO DENKI CO.,LTD. <6516> hit the daily limit up at 6,640 yen with buy orders continuing. The company announced its consolidated earnings forecast for the fiscal year ending March 2027 around 11 a.m., projecting sales of 128,850 million yen (up 20.0% year-on-year), operating profit of 16,290 million yen (up 49.6%), and net profit of 12,000 million yen (up 38.6%), with an annual dividend forecast of 170 yen, representing a substantial increase. The announcement was well received by the market.
In the previous fiscal year, demand from FA markets including communications equipment, robotics, and semiconductor manufacturing equipment began to recover, while AI-related markets remained robust. These market segments are expected to continue growing in the current fiscal year. For the fiscal year ended March 2026, the company reported sales of 107,346 million yen (up 9.7% year-on-year), operating profit of 10,885 million yen (up 37.2%), and net profit of 8,661 million yen (up 53.6%).
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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