KYOCERA CORPORATION <6971> announced after the close of trading on the 30th, in conjunction with its consolidated financial results for the fiscal year ending March 2026, that it will implement a share buyback with an upper limit of 156,544,000 shares (11.88% of total issued shares excluding treasury stock) and a maximum acquisition value of 250 billion yen. The acquisition period is from May 1 to March 24 of next year. The company's earnings forecast for the fiscal year ending March 2027 projects sales of 1.94 trillion yen, down 6.3% from the previous fiscal year, operating profit of 130 billion yen, up 10.0%, and net profit of 141 billion yen, slightly higher. In addition, the company increased its year-end dividend for the previous fiscal year with a record date of March 31 by 2 yen from the initial forecast to 27 yen (52 yen for the full year), and forecasts a full-year dividend of 56 yen for this fiscal year, an increase of 4 yen from the previous fiscal year.

The company expects a decline in sales due to the impact of the transfer of Southern Carlson, Inc. in the United States. On the other hand, it anticipates improvements from structural reforms in the semiconductor component organic materials business and the KAVX Group. The exchange rate assumptions underlying the earnings forecast are 150 yen to the dollar and 175 yen to the euro. Sales for the fiscal year ended March 2026 were 2.070203 trillion yen, up 2.8% from the previous fiscal year, and net profit was 140.969 billion yen, 5.9 times higher, exceeding the plan. In addition, KYOCERA announced that it will cancel 91,373,500 treasury shares (6.05% of total issued shares) on May 29.

Source: MINKABU PRESS

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