TSUZUKI DENKI CO., LTD. <8157> surged in the afternoon session. At around 12:30 p.m. on May 15, the company announced its forecast for the fiscal year ending March 2027 along with its results for the fiscal year ended March 2026. Revenue is projected at 107 billion yen, up 3.2% year-on-year, operating profit at 8.7 billion yen, up 6.4%, and net profit at 5.75 billion yen, down 11.2%. The annual dividend forecast was set at 190 yen, compared to 126 yen in the previous fiscal year. Buying interest gathered on the positive outlook for operating profit growth and the company's aggressive shareholder return stance. TSUZUKI DENKI expects steady ICT investment appetite to continue, while net profit is expected to decline due to the absence of one-time securities sales from the previous year.

At the same time, the company announced its medium-term management plan through the fiscal year ending March 2029. The plan aims to expand engineering services, targeting revenue of 120 billion yen and operating profit of 12 billion yen by the final year. Additionally, TSUZUKI DENKI revised its long-term vision operating profit target for the fiscal year ending March 2033 upward to 18 billion yen from the initial 10 billion yen. The company also disclosed significant changes to its shareholder return policy: starting from the fiscal year ending March 2027, the target consolidated dividend payout ratio will be raised to 60% from 40%, and the minimum dividend on equity (DOE) will be increased to 6.0% from 3.5%.

Source: MINKABU PRESS

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