Nippon Thompson Co., Ltd. Revises Earnings Forecast Sharply Higher
Nippon Thompson Co., Ltd. (TSE:6480) has raised its earnings guidance for the fiscal year ending March 2027, citing stronger-than-expected yen weakness and robust capital investment demand in electronics-related equipment.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 37.2bn | JPY 39.8bn | +7.0% |
| Operating Profit | JPY 3.70bn | JPY 5.60bn | +51.4% |
| Ordinary Income | JPY 3.40bn | JPY 5.60bn | +64.7% |
| Net Profit (interim) | JPY 2.40bn | JPY 4.20bn | +75.0% |
| EPS (interim) | JPY 34.64/share | JPY 60.29/share | +JPY 25.65/share |
For the full fiscal year, the company raised revenue guidance by JPY 5.0bn to JPY 80.0bn, while operating profit jumped 40.2% to JPY 11.5bn and ordinary income (keijo rieki)—a Japan-specific metric combining operating profit with non-operating items—climbed 44.4% to JPY 11.7bn. Net profit attributable to parent company shareholders increased 39.7% to JPY 9.5bn, with earnings per share rising to JPY 136.92/share from JPY 98.66/share.
Management attributed the upward revision to the yen trading at stronger depreciation levels than previously assumed, with revised forex assumptions set at 155 yen per dollar, 175 yen per euro, and 23 yen per yuan from the second quarter onward. The company also cited sustained capital expenditure demand across electronics-related machinery sectors as a key driver of improved profitability.
The revision underscores Nippon Thompson’s exposure to currency tailwinds and cyclical equipment investment trends. However, the company maintained its dividend forecast unchanged, signaling management’s cautious stance on market volatility and potential forex fluctuations ahead. Investors should monitor whether the company sustains this profitability improvement as macro conditions evolve.
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.