Havix Corporation Revises Earnings Forecast — Net Profit Up 30%

Havix Corporation Revises Earnings Forecast — Net Profit Up 30%

Havix Corporation (TSE:3895) raised its net profit guidance for the fiscal year ending March 2026, citing cost reductions and foreign exchange gains despite a slight revenue decline.

The company attributed the upward revision to manufacturing cost reductions and lower selling, general and administrative expenses. Additionally, Havix recorded derivative trading gains from foreign exchange movements as non-operating income, and realized lower-than-expected tax expenses. Revenue is now forecast at JPY 12.1bn, down 3.1% from the prior estimate of JPY 12.5bn, while operating profit is projected at JPY 428M, up 7.0% year-over-year.

The revision demonstrates operational leverage despite softer top-line growth. Ordinary income (keijo rieki)—a Japan-specific metric combining operating profit with non-operating items—jumped 18.5% to JPY 474M, while net profit surged 30.2% to JPY 547M. Earnings per share are expected to reach JPY 69.91/share, a 29.8% increase. The company maintained its year-end dividend unchanged, signaling confidence in sustainable profitability rather than one-time gains. International investors should note that the ordinary income figure reflects financial income and expenses not captured in operating profit, making it a broader profitability measure than operating income under IFRS or US GAAP standards.

Source: Original filing (TDnet) | 日本語版

This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.