Mitsui High-tec, Inc. <6966> swings to operating profit growth forecast for FY January 2027 on strong motor core and lead frame sales

Fri Jun 12, 2026 4:27 pm JST Catalyst

Mitsui High-tec, Inc. <6966> revised upward its full-year earnings forecast for the fiscal year ending January 2027 after the close of trading on the 12th, alongside the announcement of its first-quarter (February?April) consolidated financial results for the same fiscal year.

The company raised its net sales forecast to 254.0 billion yen (up 16.3% year on year) from the previous forecast of 233.0 billion yen, and lifted its operating profit forecast to 14.5 billion yen (up 14.6% year on year) from 11.0 billion yen. Both operating profit and ordinary profit, which had previously been projected to decline, are now expected to increase.

The upward revision reflects first-half sales of motor cores and lead frames exceeding initial projections.

For the February?April quarter, net sales totaled 61.886 billion yen (up 13.2% year on year), while operating profit came in at 4.433 billion yen (up 27.8% year on year).

Source: MINKABU PRESS

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

Mitsui High-tec, Inc. <6966> swings to operating profit growth forecast for FY January 2027 on strong motor core and lead frame sales

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