GS Yuasa Corporation Raises Full-Year Earnings Forecast on Battery Strength
GS Yuasa Corporation (TSE:6674) raised its earnings guidance for the fiscal year ending March 2027, citing robust performance in overseas lead-acid batteries and favorable currency conditions.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 309.0bn | JPY 313.0bn | +1.3% |
| Operating Profit | JPY 19.0bn | JPY 22.0bn | +15.8% |
| Ordinary Income | JPY 16.0bn | JPY 21.0bn | +31.2% |
| 親会社株主に帰属する中間純利益 | JPY 9.00bn | JPY 12.0bn | +33.3% |
| １株当たり中間純利益 | JPY 90M | JPY 120M | +33.3% |
The battery manufacturer lifted full-year revenue guidance to JPY 680.0bn from JPY 660.0bn, a 3.0% increase. Operating profit was raised to JPY 63.0bn from JPY 60.0bn, while ordinary income (keijo rieki)—a Japan-specific metric combining operating profit and non-operating items—climbed to JPY 61.0bn from JPY 56.0bn. Net profit guidance increased to JPY 39.5bn from JPY 36.0bn, with earnings per share rising to JPY 393.74 from JPY 358.88. The company attributed the upward revision to stronger-than-expected first-quarter results in its overseas lead-acid battery segment and yen weakness against the dollar, which benefits export-oriented operations.
The revision underscores GS Yuasa’s exposure to global battery demand and currency tailwinds. However, management acknowledged downside risks from Middle East geopolitical tensions and foreign exchange volatility, suggesting caution for investors regarding second-half performance. The company’s profit upgrades—particularly the 31.2% jump in ordinary income and 9.7% net profit increase—signal confidence in sustained operational momentum, though macroeconomic headwinds warrant monitoring.
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.