Nippon Yakin Kogyo Raises FY2027 Earnings Forecast on Semiconductor Demand Recovery
Nippon Yakin Kogyo Co., Ltd. (TSE:5480) has raised its earnings guidance for the fiscal year ending March 2027, citing robust semiconductor-related demand and inventory valuation gains from rising raw material prices.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 80.0bn | JPY 85.0bn | +6.2% |
| Operating Profit | JPY 6.00bn | JPY 9.00bn | +50.0% |
| Ordinary Income | JPY 5.50bn | JPY 8.00bn | +45.5% |
| 親会社株主に帰属する当期純利益 | JPY 3.50bn | JPY 4.50bn | +28.6% |
| １株当たり当期純利益 | JPY 253M | JPY 325M | +28.6% |
The stainless special steel manufacturer raised first-half cumulative revenue guidance by JPY 5.0bn to JPY 85.0bn, while operating profit jumped 50% to JPY 9.0bn. For the full fiscal year, revenue is now forecast at JPY 174.0bn (up JPY 5.0bn), with operating profit climbing 23% to JPY 16.0bn. The company attributed the upward revision to accelerating demand in its strategic high-function materials segment, particularly from semiconductor and oil-and-gas applications, combined with higher sales volumes and inventory valuation gains stemming from elevated raw material costs.
The revision underscores strengthening end-market conditions in the specialty steel sector. The company expects second-half performance to remain broadly in line with prior guidance, reflecting the exclusion of inventory valuation impacts from the second-half outlook. International investors should note that ordinary income (keijo rieki)—a Japan-specific metric encompassing operating profit plus non-operating items—rose 45.5% to JPY 8.0bn, signaling solid underlying operational momentum alongside favorable financial conditions.
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.