Samco Raises Earnings & Dividend Forecast on Strong Profitability
Samco (TSE:6387) has raised its earnings and dividend guidance for the fiscal year ending July 2026, citing sustained pricing discipline and improved operational efficiency.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 10.2bn | JPY 10.8bn | +5.7% |
| Operating Profit | JPY 2.46bn | JPY 2.63bn | +7.0% |
| Ordinary Income | JPY 2.44bn | JPY 2.72bn | +11.6% |
| Net Profit | JPY 1.72bn | JPY 1.92bn | +11.6% |
| 1株当たり当期純利益 | JPY 214.38/share | JPY 238.91/share | +JPY 24.53/share |
The company raised revenue guidance by JPY 585M to JPY 10.8bn, reflecting resilience in core operations. More significantly, Samco lifted net profit by JPY 199M to JPY 1.92bn, driven by improved gross margins from restrained price discounting and higher operational leverage. Ordinary income (keijo rieki), a Japan-specific metric capturing non-operating financial items, climbed 11.6% to JPY 2.72bn. The company projects revenue will mark a fifth consecutive record high, while operating profit is forecast to reach a sixth consecutive record peak, and ordinary income and net profit are each forecast to reach seven consecutive annual peaks.
Samco increased its year-end dividend by JPY 15/share to JPY 75/share, a 25% hike reflecting confidence in sustained profitability. The revision underscores management’s commitment to shareholder returns aligned with earnings momentum while maintaining operational discipline. For international investors, the ordinary income metric warrants attention, as it differs materially from operating profit due to Japan-specific accounting conventions and can be significantly affected by financial income and expenses. The company’s consecutive record-setting trajectory suggests stable demand in its semiconductor and electronic components business.
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.