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TAIHO KOGYO rebounds on forecast for operating profit growth and higher dividend in fiscal year ending March 2027
TAIHO KOGYO <6470> rebounded for the first time in five sessions. The company announced its consolidated results for the fiscal year ended March 2026 around 2 p.m. today. Revenue totaled 119.4 billion yen (up 5.8% year-on-year), and operating profit reached 2.59 billion yen, a 4.2-fold increase from a year earlier. Growth was driven by the automotive parts segment, supported by company-wide rationalization efforts. However, TAIHO KOGYO posted a significant net loss due to impairment charges on fixed assets.
For the fiscal year ending March 2027, TAIHO KOGYO forecasts revenue of 120.0 billion yen (up 0.5% year-on-year) and operating profit of 4.5 billion yen (up 73.8%). Net income is expected to swing to a profit. The dividend forecast was set at 30 yen, up from 28 yen a year earlier. The positive outlook drew buyer interest.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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