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TDK Corporation surges on record operating profit forecast and dividend increase for fiscal 2027

Thu Apr 30, 2026 9:40 am JST Catalyst

TDK Corporation <6762> surged significantly, renewing its year-to-date high. After the market close on the 28th, a public holiday, the company announced its consolidated earnings forecast for the fiscal year ending March 2027, projecting sales of 2,580.0 billion yen (up 3.0% year-on-year) and operating profit of 295.0 billion yen (up 8.3% year-on-year). The outlook indicates the company will achieve record highs for consecutive years. The dividend forecast was also raised to 40 yen (from 36 yen in the previous year). Buying interest gathered in response to this positive news.

While the company expects production of ICT products such as smartphones to decline due to tight memory supply and soaring prices, it anticipates continued robust demand in the nearline HDD market for data centers and AI data center-related markets. Separately, the company announced its fiscal 2026 results, with sales of 2,504.8 billion yen (up 13.6% year-on-year) and operating profit of 272.415 billion yen (up 21.5% year-on-year).

Source: MINKABU PRESS

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

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