KANTO DENKA forecasts 83% operating profit growth for fiscal year ending March 2027 on higher sales and price revisions
KANTO DENKA KOGYO CO.,LTD. <4047> announced after the market close on the 15th its forecast for the fiscal year ending March 2027, projecting sales of 95 billion yen, up 45.3% year-on-year, and operating profit of 10 billion yen, up 82.5%. KANTO DENKA indicated that significant profit growth is expected to continue following the previous fiscal year.
The forecast incorporates increased sales volume of precision chemicals and the effect of price revisions for certain products. The dividend forecast was set at 36 yen, compared to 20 yen in the previous fiscal year. Additionally, the company announced its results for the fiscal year ended March 2026, reporting sales of 65.4 billion yen, up 4.9% year-on-year, and operating profit of 5.478 billion yen, up 28.2%.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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