Arisawa Mfg. Co., Ltd. Revises Earnings & Dividend Upward on Strong Electronics Demand
Arisawa Mfg. Co., Ltd. (TSE:5208) has raised full-year and interim earnings forecasts for fiscal 2027 (ending March 2027), citing robust demand in electronic materials for smartphones and semiconductors.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | |||
| （百万円） | JPY 31.0bn | JPY 32.9bn | +6.1% |
| Operating Profit | |||
| （百万円） | JPY 2.60bn | JPY 3.10bn | +19.2% |
| Ordinary Income | |||
| （百万円） | JPY 2.60bn | JPY 3.30bn | +26.9% |
| Net Profit | |||
| （百万円） | JPY 1.70bn | JPY 2.20bn | +29.4% |
| EPS | |||
| （円） | JPY 51.87/share | JPY 67.12/share | +JPY 15.25/share |
The company upgraded second-quarter cumulative revenue to JPY 32.9bn from JPY 31.0bn, while operating profit jumped 19.2% to JPY 3.10bn. For the full fiscal year, revenue is now forecast at JPY 64.2bn (up 4.7%), with ordinary income (keijo rieki)—a Japan-specific metric combining operating profit and non-operating items—rising 12.5% to JPY 4.50bn. Net profit attributable to parent shareholders is projected at JPY 6.40bn, a 12.3% increase. The upward revision reflects stronger-than-anticipated performance in Arisawa’s core electronic materials division, driven by demand from PC and AI server applications alongside smartphone components.
The company simultaneously raised its annual dividend to JPY 110.00 per share from JPY 98.00, reflecting a JPY 12.00 increase (12.2% boost). The interim and year-end dividends each rise to JPY 55.00. This adjustment aligns with management’s capital allocation policy targeting a dividend-on-equity (DOE) ratio of 6% or a total shareholder return ratio of 80%, whichever is larger. The dividend hike underscores confidence in sustained profitability improvements and demonstrates management’s commitment to returning gains to shareholders amid favorable market conditions in semiconductors and consumer electronics.
Source: Original filing (TDnet) | 日本語版
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