Ibiden Co.,Ltd. Revises Earnings Forecast Sharply Higher on AI Demand
Ibiden Co.,Ltd. (TSE:4062) raised its earnings guidance for the fiscal year ending March 2027, citing stronger-than-expected demand for IC package substrates and robust sales of AI server products.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 230.0bn | JPY 253.5bn | +10.2% |
| Operating Profit | JPY 38.0bn | JPY 54.5bn | +43.4% |
| Ordinary Income | JPY 37.5bn | JPY 54.0bn | +44.0% |
| Net Profit (Parent) | JPY 23.0bn | JPY 34.0bn | +47.8% |
| EPS | JPY 41.18/share | JPY 60.67/share | — |
For the full fiscal year, the company raised revenue guidance by JPY 50.0bn to JPY 550.0bn, while operating profit jumped JPY 37.0bn to JPY 127.0bn—a 41.1% increase. Net profit attributable to parent shareholders was lifted JPY 26.0bn to JPY 84.0bn, with earnings per share rising to JPY 149.68 from JPY 103.85.
The revision reflects IC package substrate demand exceeding initial forecasts, sustained yen weakness supporting export competitiveness, and steady output from the Ono facility driving higher capacity utilization. High-value-added products for AI servers and general-purpose servers performed ahead of plan, while pricing remained robust across the product mix.
The revision signals sustained momentum in semiconductor-related demand, particularly from AI infrastructure buildouts. Operating profit growth outpacing revenue growth by a significant margin indicates strong pricing power and operational leverage. Investors should note that ordinary income (keijo rieki)—a Japan-specific metric including non-operating items—aligns closely with operating profit in this case, reflecting minimal financial income/expense volatility.
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.