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Daitron shares extend rally to fifth session after raising full-year outlook on strong Q1
Daitron <7609> shares extended their winning streak to a fifth straight session, hitting a fresh year-to-date high. The company announced after the market close on Thursday that it has raised its consolidated earnings forecast for the fiscal year ending December 2026, revising sales upward to 110 billion yen from 103.4 billion yen, up 6.6% year-on-year. Operating profit was raised to 7.55 billion yen from 7.2 billion yen, up 7.7%, while net profit is now expected to reach 5.25 billion yen, up 6.6%.
In the first quarter, the company saw strong sales of automotive imaging equipment, web conferencing systems, and electronic components for semiconductor manufacturing equipment. With capital investment for advanced semiconductor capacity expected to remain robust from the second quarter, the company raised its full-year guidance. Results for the January-March quarter showed sales of 30.338 billion yen, up 29.9% year-on-year, while operating profit surged 57.0% to 2,465 million yen and net profit jumped 67.2% to 1,740 million yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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