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SEIKO EPSON surges to new year-to-date high on plans to triple net profit this fiscal year

Thu May 7, 2026 10:07 am JST Catalyst

SEIKO EPSON CORPORATION <6724> surged sharply for the first time in three days, reaching a new year-to-date high. After the close of trading on the 1st, the company disclosed its full-year earnings forecast for the fiscal year ending March 2027, alongside the announcement of its consolidated results for the fiscal year ended March 2026. The company projected sales of 1.45 trillion yen (up 2.6% year-on-year) and net profit of 59 billion yen (3.2 times the previous year). The annual dividend forecast was set at 80 yen, consisting of 40 yen each for the interim and year-end dividends (compared to 74 yen in the previous fiscal year), attracting buying interest.

The Precision Innovation business is expected to drive performance. Within this segment, the company anticipates a recovery in China, a key market for Inkjet Solutions, as well as expanding demand in data centers, AI, and automotive markets for Microdevices. In addition, both the Industrial & Robotics business and the Visual & Lifestyle business are planned to achieve revenue and profit growth.

For the fiscal year ended March 2026, sales totaled 1,413.251 billion yen (up 3.7% year-on-year), while net profit was 18.201 billion yen (down 67.0% year-on-year). This was impacted by the recording of an impairment loss of 25.9 billion yen related to Fiery, a U.S. subsidiary engaged in the development and sales of digital printing software solutions.

Source: MINKABU PRESS

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

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