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Arisawa Mfg shares plunge on forecast of lower net profit for fiscal March 2027
Arisawa Mfg. Co.,Ltd. <5208> shares plunged. After the close of trading on April 30th, the company announced its consolidated earnings forecast for the fiscal year ending March 2027, projecting sales of 61.3 billion yen (up 8.5% year-on-year) and net profit of 4.0 billion yen (down 19.9% year-on-year). The decline reflects the absence of extraordinary gains, including gains on sales of investment securities, recorded in the previous fiscal year. The company set its dividend forecast at 98 yen (compared to 122 yen in the previous fiscal year). The forecast of lower net profit appears to be viewed negatively by the market.
At the same time, the company announced its fiscal March 2026 results, reporting sales of 56.474 billion yen (up 13.4% year-on-year) and net profit of 4.995 billion yen (up 25.8% year-on-year). Demand for the company's mainstay electronic materials increased for smartphones, personal computers, and AI servers.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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