JANOME Corporation surges in afternoon trading on 3.4x net profit forecast, dividend increase and share cancellation

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Tue May 12, 2026 1:39 pm JST Catalyst

JANOME Corporation <6445> surged in afternoon trading on May 12. At 1:00 p.m., the company released its consolidated results for the fiscal year ended March 2026 and issued guidance for the year ending March 2027, projecting net profit for the current year to reach 2 billion yen, 3.4 times the previous year's level. The annual dividend forecast was set at 60 yen, up 5 yen from the previous year. JANOME also announced a cancellation of treasury shares, easing concerns over potential supply-demand dilution and fueling expectations that earnings have bottomed out. The stock's high dividend yield further attracted dominant buying interest.

The company expects sales for the current fiscal year to rise 7.8% to 42 billion yen. Results for the previous fiscal year outperformed targets, bolstered by robust sales of high-value-added sewing machines in the North American market. In the industrial equipment segment, orders for desktop robots and presses expanded amid growing demand in Asia, while the IT-related business hit record-high profits. JANOME plans to cancel 1,129,400 treasury shares, equivalent to 6.2% of its total issued shares, on May 29.

Source: MINKABU PRESS

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