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MARUWA shares surge 9% on forecast of 35% operating profit growth by fiscal 2027
MARUWA's stock price rose 9% from the previous trading day to 58,470 yen on September 7, showing a volatile swing of more than 20% over the past month. The company raised its full-year forecast for the fiscal year ending March 2027, now expecting net sales of 93.3 billion yen (up 25.3% year-on-year) and operating profit of 33.7 billion yen (up 34.9% from the initial forecast). At the first quarter stage, sales were 19.2 billion yen and operating profit was 6.3 billion yen, indicating a back-loaded second half, but the company anticipates expansion in next-generation high-speed communication-related demand and a recovery in general-purpose memory. For the fiscal year ended March 2026, sales were 74.4 billion yen (up 3.7%) and operating profit was 24.9 billion yen (down 7.2%), a decline, but the operating margin was high at 33.5%, and the planned annual dividend is expected to increase to 110 yen.