Harmonic Drive Systems Inc. Revises Earnings Forecast Sharply Higher
Harmonic Drive Systems Inc. (TSE:6324) raised its consolidated earnings guidance for the fiscal year ending March 2027, citing robust demand across industrial robotics and semiconductor manufacturing equipment markets.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 33.5bn | JPY 35.7bn | +6.6% |
| Operating Profit | JPY 3.00bn | JPY 3.70bn | +23.3% |
| Ordinary Income | JPY 3.00bn | JPY 3.50bn | +16.7% |
| 親会社株主に帰属する中間純利益 | JPY 2.20bn | JPY 2.70bn | +22.7% |
| 1株当たり中間純利益 | 23.24 | 28.52 | — |
For the full fiscal year, the company lifted revenue guidance to JPY 74.5bn from JPY 68.0bn, a 9.6% increase. Operating profit was raised 37.1% to JPY 8.5bn, while ordinary income (keijo rieki)—a Japan-specific metric combining operating profit with non-operating items—climbed 32.3% to JPY 8.2bn. Net profit attributable to parent shareholders was revised up 33.3% to JPY 6.0bn, with earnings per share rising to JPY 63.38 from JPY 47.54.
The company attributed the upward revision to accelerating demand for its reduction gears and mechatronics products across all major end-markets, particularly industrial robotics and semiconductor manufacturing equipment. Stronger-than-expected sales are expected to drive margin expansion through operating leverage.
The revision signals sustained momentum in Harmonic Drive Systems’ core markets as automation and chipmaking equipment investments remain elevated. The 37% operating profit lift substantially outpaces the 9.6% revenue growth, reflecting improved product mix and manufacturing efficiency. International investors should note that ordinary income includes financial income and expenses beyond core operations, distinguishing it from operating profit under IFRS standards.
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.