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MEC COMPANY rises for third consecutive day on upward revision to fiscal 2026 earnings and dividend forecasts

Wed May 13, 2026 10:01 am JST Catalyst

MEC <4971> shares rose for a third consecutive session. Following the market close on May 12, the company raised its consolidated earnings forecast for the fiscal year ending December 2026. Revenue was revised to 24.5 billion yen (up 17.0% year-on-year) from a previous forecast of 22.5 billion yen, while operating profit was raised to 7.6 billion yen (up 32.2%) from 6.5 billion yen. Net profit is now expected at 5.55 billion yen (up 10.4%), compared to the earlier projection of 4.6 billion yen. The company also boosted its annual dividend forecast to 110 yen (55 yen each for interim and year-end) from 96 yen (40 yen interim, 56 yen year-end), a move well received by the market.

The upward revision was driven by stronger-than-expected demand for semiconductor package substrate products used in generative AI and data centers, alongside increased sales of high-margin products.

Simultaneously, first-quarter results for January-March showed revenue of 6,128 million yen (up 38.5% year-on-year) and operating profit of 2,079 million yen (up 90.2%), with net profit surging 3.2 times to 1,528 million yen. The CZ Series, an ultra-roughening adhesion promoter for semiconductor package substrates, performed strongly. Additionally, the V-Bond Series for multilayer substrates, along with the EXE and SF Series for displays, saw increased demand in line with broader industry trends.

Source: MINKABU PRESS

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

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