Hirakawa Hewtech Lifts FY2027 Earnings Forecast on Semiconductor Demand Surge
Hirakawa Hewtech Corp. (TSE:5821) has raised its full-year earnings and dividend guidance for the fiscal year ending March 2027, citing robust demand across semiconductor, energy, and automotive cable segments.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 43.0bn | JPY 48.0bn | +11.6% |
| Operating Profit | JPY 4.50bn | JPY 5.50bn | +22.2% |
| Ordinary Income | JPY 4.70bn | JPY 5.70bn | +21.3% |
| 親会社株主に帰属する当期純利益 | JPY 3.40bn | JPY 4.10bn | +20.6% |
| １株当たり当期純利益 | JPY 219M | JPY 264M | +20.6% |
The company attributed the upward revision to stronger-than-expected performance across three key markets. Industrial equipment and semiconductor inspection cable demand has accelerated amid rising chip production cycles. North American megasolar projects are driving energy-sector cable sales as regional power demand climbs. Automotive cable revenue is expected to remain steady, supported by new production launches. Management also cited improved factory utilization and successful mitigation of raw material cost pressures. The company adjusted its foreign exchange assumption to 160 yen per dollar from 155 yen.
The revision signals strengthening fundamentals in cyclical end-markets tied to semiconductor capex and renewable energy infrastructure. Hirakawa Hewtech has also raised its annual dividend forecast to JPY 57.00/share from JPY 53.00/share, reflecting management confidence in sustained profitability. The earnings-per-share guidance rose to JPY 264M from JPY 219M. For international investors, the ordinary income (keijo rieki) metric—a Japan-specific profit line combining operating profit with non-operating financial items—increased 21.3%, underscoring broad-based margin expansion beyond core operations.
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.