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Suzuki shares jump as chip-component recovery drives guidance upgrade and dividend boost
SUZUKI <6785> shares surged in afternoon trading. The company upgraded its consolidated earnings forecast for the fiscal year ending June 2026 at 1:30 p.m. today. SUZUKI now projects revenue at 40.1 billion yen (up 20.3% year-on-year), up from its previous forecast of 37.46 billion yen, and operating profit at 5.67 billion yen (up 32.1% year-on-year), beating its prior estimate of 4.8 billion yen. Simultaneously, SUZUKI raised its year-end dividend forecast to 60 yen from 50 yen, drawing buy orders as investors welcomed the strong performance and enhanced shareholder returns. The annual dividend is now projected at 105 yen, compared with 85 yen a year earlier.
In the first half through December, revenue exceeded targets on robust demand for smartphone and automotive electronic components within the core Components segment, alongside a recovery in the semiconductor and industrial machinery sectors. Operating profit also beat forecasts due to productivity gains in the Electronic Components and Machinery segments. These demand trends and profitability improvements have persisted into the second half.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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