Nichias Corporation Revises Earnings Forecast Upward on AI Chip Demand
Nichias Corporation (TSE:5393) raised its earnings guidance for the fiscal year ending March 2027 across all profit metrics, citing stronger-than-expected semiconductor equipment demand driven by accelerating artificial intelligence-related capital investment.
| Item | Before | After | Change | Change % |
|---|---|---|---|---|
| H1 FY2027 (Apr–Sep 2026) | ||||
| Revenue | JPY 130.0bn | JPY 141.5bn | JPY 11.5bn | 8.8% |
| Operating Profit | JPY 20.5bn | JPY 22.5bn | JPY 2.0bn | 9.8% |
| Ordinary Income | JPY 20.5bn | JPY 23.3bn | JPY 2.8bn | 13.7% |
| Net Profit | JPY 14.5bn | JPY 16.5bn | JPY 2.0bn | 13.8% |
| EPS | JPY 75.90/share | JPY 87.58/share | JPY 11.68/share | 15.4% |
| Full FY2027 (Apr 2026–Mar 2027) | ||||
| Revenue | JPY 270.0bn | JPY 288.0bn | JPY 18.0bn | 6.7% |
| Operating Profit | JPY 45.0bn | JPY 49.0bn | JPY 4.0bn | 8.9% |
| Ordinary Income | JPY 45.0bn | JPY 50.5bn | JPY 5.5bn | 12.2% |
| Net Profit | JPY 32.0bn | JPY 35.0bn | JPY 3.0bn | 9.4% |
| EPS | JPY 167.51/share | JPY 186.13/share | JPY 18.62/share | 11.1% |
The company attributed the upward revision to its high-function products division, where semiconductor manufacturing equipment demand has recovered more robustly than initially anticipated, supported by intensified AI-related capital spending by chipmakers globally.
The revision signals improving operational leverage in Nichias’s core business. Notably, ordinary income and net profit growth rates—12.2% and 9.4% respectively for the full year—exceed revenue growth of 6.7%, indicating margin expansion and enhanced cost efficiency. This performance underscores the division’s strategic positioning within the AI infrastructure buildout cycle.
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.