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TOKYO AUTOMATIC MACHINERY surges as operating profit for FY March 2026 exceeds forecast

Thu Apr 30, 2026 10:30 am JST Catalyst

TOKYO AUTOMATIC MACHINERY WORKS,LTD. <6360> has surged. Following the close of trading on the 28th, the company announced that its standalone operating profit for the fiscal year ending March 2026, currently being finalized, is expected to come in at 6,690 million yen (down 57.2% year-on-year), exceeding the previous forecast of 400 million yen, while net profit is expected to reach 808 million yen (down 33.9% year-on-year), up from the earlier projection of 500 million yen. The announcement has been well received by the market.

While sales fell short of the previous forecast of 10,000 million yen to 9,692 million yen (down 24.8% year-on-year) due to the postponement of certain projects to the next fiscal year, operating profit exceeded expectations thanks to improved cost ratios resulting from efficiency measures and price pass-through initiatives. The recognition of gains from the partial sale of strategic equity holdings also contributed. In line with the upward revision to net profit, the company raised its year-end dividend forecast from 100 yen to 160 yen. The dividend for the previous fiscal year was 240 yen.

Source: MINKABU PRESS

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

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