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Suzuden hits year-to-date high on semiconductor investment tailwind, projects 16% profit rise

Fri May 8, 2026 9:36 am JST Catalyst

SUZUDEN CORPORATION <7480> shares jumped for a third straight session, hitting a new year-to-date high. After the market close on May 7, the company released its fiscal 2027 forecasts alongside its fiscal 2026 results. For the year through March 2027, the firm projects sales of 51.7 billion yen, up 12.6%, and operating profit of 2.4 billion yen, up 15.8%, drawing buyers on growth expectations. SUZUDEN, a technical trader of FA equipment and electrical materials, anticipates a surge in semiconductor-related investment driven by generative AI demand for high-performance chips and advanced memory.

The company also reported that non-consolidated sales for April climbed 41.2% year-on-year to 5.07 billion yen, marking its fourth consecutive month of growth. For the fiscal year ended March 2026, sales totaled 45,902 million yen, down 1.6%, while operating profit fell 14.5% to 2,072 million yen. The previous year's performance was hindered by a sluggish recovery in the electronic equipment and industrial machinery sectors, as well as a high base from large-scale projects in the prior fiscal year.

Source: MINKABU PRESS

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

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