MICRONICS JAPAN surges to year-to-date high after raising first-half fiscal 2026 forecast on strong DRAM product demand
MICRONICS JAPAN CO.,LTD. <6871> jumped to a new year-to-date high. After the close on May 13, the company raised its first-half fiscal 2026 forecast, revising sales upward to 45.7 billion yen from 43.9 billion yen (up 38%), operating profit to 12.9 billion yen from 12.3 billion yen (up 70.4%), and net profit to 9.2 billion yen from 8.2 billion yen (up 92.7%).
The revision was primarily driven by strong DRAM performance following expanded production capacity for memory probe cards, with high demand expected to persist into the third quarter. The company set its third-quarter cumulative forecast at sales of 71.6 billion yen (up 42%), operating profit of 21.9 billion yen (up 93.8%), and net profit of 15.2 billion yen, a 2.1-fold increase from the previous year.
Simultaneously announced first-quarter results showed sales of 20.95 billion yen (up 48.3%), operating profit of 5.65 billion yen (up 97.6%), and net profit of 4.39 billion yen, a 2.6-fold increase from the previous year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
-
Nissui Corporation surges in afternoon trading as operating profit forecast exceeds market expectations
Thu May 14, 2026 1:10 pm JST Catalyst -
Declining shares outnumber advancing shares as of 1:00 p.m.
Thu May 14, 2026 1:04 pm JST Market -
DAIKI ALUMINIUM INDUSTRY surges to year-to-date high on strong earnings forecast driven by LME price gains
Thu May 14, 2026 1:03 pm JST Catalyst -
TOYO ENGINEERING surges in afternoon session on plan to return to operating profit and resume dividend in March 2027 term after eliminating unprofitable projects
Thu May 14, 2026 12:51 pm JST Catalyst -
Movin Strategic Career surges to daily limit up after raising fiscal 2026 earnings forecast on higher per-deal transaction value
Thu May 14, 2026 12:45 pm JST Catalyst -
MEGMILK SNOW BRAND rebounds sharply on announcement of share buyback of up to 4 million shares
Thu May 14, 2026 12:37 pm JST Catalyst -
Tokyo stocks flat at afternoon open, Nikkei 225 holds near morning close
Thu May 14, 2026 12:32 pm JST Market -
Tokyo stocks rise further in morning trading, gaining over 500 yen at one point on U.S. tech rally
Thu May 14, 2026 11:55 am JST Market -
Quantum computing ranks 16th as Japan and India sign cooperation memorandum
Thu May 14, 2026 12:21 pm JST Feature -
Active stocks on the 14th (morning session) - DAIDOH LIMITED, Y.A.C.HOLDINGS, UNION TOOL CO., J-MAX
Thu May 14, 2026 11:33 am JST Catalyst