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NICHIAS CORPORATION sees recovery in semiconductor-related demand
NICHIAS CORPORATION <5393> is drawing investor attention after forecasting a record operating profit for the fiscal year ending March 2027, driven by recovering semiconductor-related demand. For the fiscal year ended March 2026, the plant construction and industrial materials provider reported consolidated operating profit fell 6.8% year-on-year to 37.01 billion yen, though it beat its previous guidance of 36.5 billion yen. Backed by a recent recovery in high-performance products for semiconductor manufacturing equipment, operating profit for the fiscal year ending March 2027 is projected to jump 21.6% to 45 billion yen, marking a record high for the first time in two years as all business segments are poised to perform solidly.
The company plans an annual dividend of 65 yen for the current fiscal year, an increase of approximately 10.3 yen from the previous year. While the stock trades near its all-time high, the robust earnings outlook underpins market expectations for further gains above the 4,000 yen level.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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