Kaga Electronics Co.,Ltd. Raises FY2027 Earnings Forecast on Chip Demand Recovery

Kaga Electronics Co.,Ltd. (TSE:8154) has raised its full-year earnings guidance for the fiscal year ending March 2027, citing stronger-than-expected semiconductor demand and robust performance in its electronic components business.

ItemBeforeAfterChange
RevenueJPY 645.0bnJPY 660.0bn+2.3%
Operating ProfitJPY 28.5bnJPY 30.0bn+5.3%
Ordinary IncomeJPY 28.0bnJPY 30.0bn+7.1%
親会社株主に帰属する当期純利益JPY 20.0bnJPY 22.0bn+10.0%
１株当たり当期純利益JPY 419.65/shareJPY 461.61/share+JPY 41.96/share

The company attributed the upward revision to accelerating demand recovery in semiconductor markets during the first quarter. Memory and other device product sales increased, supported by rising semiconductor prices and successful spot-market sales of supply-constrained products. The electronic components segment, in particular, is tracking ahead of initial projections. Management noted that the revised forecast excludes potential earnings contributions from the consolidation of subsidiary Shinko Shoji Co.,Ltd. and any negative goodwill gains that may arise from that transaction.

The revision signals strengthening momentum in Kaga Electronics’ core semiconductor distribution and components business as the chip market rebounds from prior weakness. However, investors should note that additional upside remains possible if the Shinko Shoji consolidation delivers material earnings accretion. Management guidance for subsequent quarters will be closely watched to assess whether current demand strength persists and whether the subsidiary integration contributes incremental gains.

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.