Cosel Co., Ltd. Revises Earnings Forecast — Operating Profit +219%
Cosel Co., Ltd. (TSE:6905), a manufacturer of switching power supplies, has raised its earnings guidance for the fiscal year ending May 2027, citing stronger-than-expected demand from AI-related semiconductor equipment and recovering customer inventory levels.
| Item (Interim, H1 FY2027) | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 14.2bn | JPY 15.4bn | +8.3% |
| Operating Profit | JPY 304M | JPY 970M | +219.1% |
| Ordinary Income | JPY 412M | JPY 1.03bn | +150.0% |
| Net Profit | JPY 562M | JPY 1.43bn | +154.4% |
| Interim EPS (JPY/share) | JPY 13.66/share | JPY 34.76/share | +JPY 21.10/share |
The company’s first-quarter consolidated results exceeded initial projections, driven by robust demand in semiconductor manufacturing equipment linked to generative AI adoption. Factory automation-related customers have progressed through inventory digestion cycles, signaling demand recovery. Cosel also benefited from product price revisions and expanded sales of new offerings. For the full fiscal year, the company now forecasts revenue of JPY 31.8bn (up 10.1% from prior guidance) and net profit of JPY 2.6bn (up 62.1%), with earnings per share rising to JPY 63.21/share from JPY 38.99/share.
Supply chain headwinds persist, however. The company flagged ongoing challenges from elevated procurement costs and component supply constraints that could pressure margins. While AI-driven demand and inventory normalization provide near-term tailwinds, macroeconomic uncertainty and foreign exchange volatility remain key monitoring points for investors assessing sustainability of the revised guidance through fiscal year-end.
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.